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Mobile Home Park

Garnet Rock Oceanside Resort

8425 BC-101, Powell River, BC V8A 4Z2

Listing Price: $5,300,000

Cap Rate
4.23%
Number of Spaces
52
Lot Size
9.60 acres
Occupancy
100.0%
Price/Space
$101,923
Spaces/Acre
5.42
Year Built
1970

Investment Overview

Rare opportunity to purchase this expansive coastal waterfront property on 9.6 acres of land in the growing City of Powell River. With a strong going-in cap rate, the park has lots of potential with the ability to add value over time by increasing rents upon turnover, and adding additional pads by increasing the current power input. The park is in excellent condition with the addition of a new septic system within the last two years, and can be completely hands off with current management in place.

Investment Highlights

  • 52 Pad RV-Mobile Home Park on Waterfront Property, Located in Beautiful Powell River
  • 9.6 acres of land in the growing City of Powell River
  • The park has lots of potential with the ability to add value over time by increasing rents upon turnover, and adding additional pads by increasing the current power input

Exclusively Listed By

Mobile Home Park

Garnet Rock Oceanside Resort

Listing Price: $5,300,000

Cap Rate
4.23%
Number of Spaces
52
Lot Size
9.60 acres
Occupancy
100.0%
Price/Space
$101,923
Spaces/Acre
5.42
Year Built
1970

Investment Highlights

  • 52 Pad RV-Mobile Home Park on Waterfront Property, Located in Beautiful Powell River
  • 9.6 acres of land in the growing City of Powell River
  • The park has lots of potential with the ability to add value over time by increasing rents upon turnover, and adding additional pads by increasing the current power input

Investment Overview

Rare opportunity to purchase this expansive coastal waterfront property on 9.6 acres of land in the growing City of Powell River. With a strong going-in cap rate, the park has lots of potential with the ability to add value over time by increasing rents upon turnover, and adding additional pads by increasing the current power input. The park is in excellent condition with the addition of a new septic system within the last two years, and can be completely hands off with current management in place.

Exclusively Listed By

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