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Mobile Home Park

Peace Country Mobile Home Park

8420 Alaska Rd, Fort St. John, BC V1J 0G3

Listing Price: $11,250,000

Cap Rate
5.70%
Number of Spaces
138
Lot Size
25.13 acres
Occupancy
100.0%
Price/Space
$81,522
Spaces/Acre
5.49
Year Built
1958

Investment Overview

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present Peace Country Mobile Home Park in Fort St. John. The property, with 138 pads, offers immediate scale in a growing Northern BC community and has undergone a recent improvement project with over $700,000 spent on essential capital upgrades. While boasting solid in-place cash flow, there is a strong value-add proposition for investors with 9 currently vacant pads and room for up to 20 additional pads to be added on unused land within the park.

Investment Highlights

  • With a total of 138 pads, Peace Country MHP provides investors with immediate scale in a growing Northern BC community with strong demand for mobile home product.
  • Ownership has undergone a significant capital improvement program for the park in recent years. Since 2021, over $700,000 has been spent on repaving driveways and roadways along with upgrades to water
  • The property is connected to city water and sewer and all electrical is underground.
  • There are currently 9 vacant pads on the property with the potential of adding upwards of an additional $60,000 in annual revenue. There is also additional unused land in the middle of the park that could house up to a potential of 20 additional pads.

Exclusively Listed By

Mobile Home Park

Peace Country Mobile Home Park

Listing Price: $11,250,000

Cap Rate
5.70%
Number of Spaces
138
Lot Size
25.13 acres
Occupancy
100.0%
Price/Space
$81,522
Spaces/Acre
5.49
Year Built
1958

Investment Highlights

  • With a total of 138 pads, Peace Country MHP provides investors with immediate scale in a growing Northern BC community with strong demand for mobile home product.
  • Ownership has undergone a significant capital improvement program for the park in recent years. Since 2021, over $700,000 has been spent on repaving driveways and roadways along with upgrades to water
  • The property is connected to city water and sewer and all electrical is underground.
  • There are currently 9 vacant pads on the property with the potential of adding upwards of an additional $60,000 in annual revenue. There is also additional unused land in the middle of the park that could house up to a potential of 20 additional pads.

Investment Overview

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present Peace Country Mobile Home Park in Fort St. John. The property, with 138 pads, offers immediate scale in a growing Northern BC community and has undergone a recent improvement project with over $700,000 spent on essential capital upgrades. While boasting solid in-place cash flow, there is a strong value-add proposition for investors with 9 currently vacant pads and room for up to 20 additional pads to be added on unused land within the park.

Exclusively Listed By

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