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4837 ROGER STREET - Great opportunity to obtain this established, fully serviced, older mobile home park located along Roger Creek in central Port Alberni within close proximity to shopping, dining, the inlet and the hospital. Current CAP rate offers 7.2% with the recent rental increases of Oct.1. The sale includes a nicely renovated character home with suite and a mobile owned by the seller. These homes and the lease pad sites in the park are fully occupied with long term tenants in place who wish to stay. Numerous service and maintenance upgrades have been professionally completed by the current owner. The park is currently owner operated with a live-in tenant who maintains the grounds for less than $100.00 per month with reputable local trades people on call to address any issues for an absentee owner. This is a great opportunity for a retiree who is looking for a healthy retirement income in a great community or an investor looking for an easily managed, stable return.

Property Details

  • ID: 411888
  • Storeys: 0
  • County: Canada
  • Style: Other
  • New Construction: No
  • Status: Active
  • Lot Area: 1.75 Acres

Features

Other Fireplace Present - False
Transaction Type For sale
Listed By Royal LePage Nanaimo Realty (NanIsHwyN)