446 Lumby Mabel Lake Rd - Manufactured Housing/Mobile Housing FOR SALE


Lumby, BC V0E 2G5
$5,300,000 CAD
604-638-2121

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$5,300,000 CAD
Manufactured Housing/Mobile Housing - FOR SALE
null | Request Cap Rate

446 Lumby Mabel Lake Rd
Lumby, BC V0E 2G5


HIGHLIGHTS

  • Well-positioned in the Okanagan region, near Vernon and within one hour of Kelowna International Airport.
  • Recent capital improvements, including significant septic system upgrades, reduce near-term expenditures.
  • Attractive going-in cap rate with upside through rent adjustments and turnover.
  • Current caretaker facilitates streamlined, low-touch management for incoming ownership.

OVERVIEW

A well maintained 83 pad mobile home park, with sufficient scale and a strong going in cap rate, located in a growing Okanagan market.

FOR SALE DETAILS

PRICE

$5,300,000 CAD

PRICE/SF

$80 CAD /SF

# OF UNITS

83

PRICE/UNIT

$63,855

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley View Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

33.18 AC

LAND SF

1,445,153 SF

ZONING

-

APN/PARCEL ID

016-442-105

ASK ABOUT THIS PROPERTY

Adam HermanMarcus & MillichapMore Info
604-638-2121

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Adam HermanMarcus & MillichapMore Info
604-638-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.