A mobile home park in Port Alberni has sold for $5.6 million, Landquest Realty Corp. tells Western Investor.
Creek’s Edge is a nearly 27-acre trailer park is near town centre, with 82 units and room to develop an additional 67 mobile home pads. The park has an assessed value of $4.31 million and was listed for $6.2 million.
The property is located at 5558 Beaver Creek Rd., Port Alberni.
Breakdown:
Price: $5,600,000
No. of Units: 82
Price/Unit: $68,292
Lot Size: 26.93 acres
Property Type: Multi-family
Zoning: MH1
2017 B.C. Assessment Value: $4,319,000
Date of Sale: 04/27/2018
City: Port Alberni
Province: B.C.
Name of Brokerage: Landquest Realty Corp.
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