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Young B.C. investor buys Kamloops mobile home park

Well-maintained park features 39 pads and one single-family residence
1720-westsyde-road-kamloops
Warren's Mobile Home Park at 1720 Westsyde Road, Kamloops, sold Oct. 15 for $2.8 million.

DEAL | A well-maintained 39-bay mobile home park and 1,945-square-foot single-family rental property at 1720 Westsyde Road, Kamloops, sold Oct. 15 for $2.8 million to a young investor from Surrey, B.C., who recognized the growing demand for this asset class due to the affordability crisis and the decreasing availability of mobile home parks. The park’s simple, functional design added to the appeal. Recent improvements to the 4.6-acre site include a water system upgrade in 2015, along with updated sewer lines, underground electrical boxes, site grading, and landscaping along the entrance road.

PRICE | $2,825,000

FROM | Will Piggott, HM Commercial Realty