RARE INVESTMENT OPPORTUNITY — TWO MOBILE HOME PARKS + APPROX. 190+ ACRES FOR $1,100,000! Acquire two established income-producing mobile home parks, approximately 190+ acres of land, 18 mobile home pads and a 4-bedroom residence — all offered together as one unique portfolio. representing an implied 9.02% cap rate. Located along Highway 17 E in Wahnapitae and Markstay-Warren, both properties feature established infrastructure, existing tenants and significant surplus land beyond the developed park areas. 1035 Hwy 17 E offers approximately 100 acres with 9 mobile home pads, municipal water, individual septic systems, internal roadways, an onsite office and additional commercial/laydown space. 5261 Hwy 17 E offers approximately 100 acres with 9 mobile home pads plus a 4-bedroom detached home, providing additional rental income or the opportunity for onsite owner/manager accommodation. The property also includes a large barn, corral, expansive green space and frontage/backing toward the Veuve River. With approximately 190+ acres of surplus land across both properties, this portfolio offers substantial underlying land value and long-term flexibility, subject to applicable municipal approvals and regulations. Both parks are established and maintained, providing an attractive combination of current income and significant land holdings. Offered exclusively as a combined package. A rare opportunity to acquire income-producing real estate, established mobile home parks, substantial acreage and existing infrastructure in one transaction. Financial information available to qualified buyers. (id:4069)
Address
1035 Hwy 17 E
List Price
$1,100,000
Property Type
Other
Type of Dwelling
Offices
Transaction Type
Sale
Area
Ontario
Sub-Area
Wahnapitae
MLS® Number
2130409
Listing Brokerage
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Postal Code
P0M3C0
Zoning
C2
Ownership
Freehold
Cooling Features
None
Foundation Details
Unknown
Water Source
Municipal water
Access To Property
Highway access, Year-round access
Sewer
Municipal sewage system
