Price: $18,800,000
Lot Size: 9.8 acres
Property Type: Land
Zoning: RM-M
2016 B.C. Assessment Value: $10,862,900
Date of Sale: 05/31/2017
City: Surrey
Province: B.C.
Name of Brokerage: Colliers International
A mobile home park in Surrey has sold for $18.8 million, Colliers International tells Western Investor.
The nearly 10-acre site in Surrey’s Fleetwood Town Centre provides significant redevelopment potential with strong municipal support for rezoning to allow for medium density residential development. The site currently houses 80 mobile home pads with a net operating income of $246,337. Colliers agent Randy Heed and Sheldon Scott conducted a bid process in the sale of the property, receiving a total of ten offers.
The property is located at 15820 Fraser Hwy., Surrey.
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