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2380 WESTSYDE ROAD in : Westsyde Building and Land for sale (Kamloops) : MLS®# 147137

2380 WESTSYDE ROAD : Westsyde

Main Photo: 2380 WESTSYDE ROAD in : Westsyde Building and Land for sale (Kamloops)  : MLS®# 147137
$2,300,000
Prop. Type:
Building and Land
MLS® Num:
147137
Status:
Active
Save the property transfer tax cost (~$46k) with this share sale of one of Kamloops' most sought after and scarce investment type properties. There is over 3 acres of useable land zoned and operated as a mobile home park with 24 pad rentals. This quiet park has a majority of senior tenants that pay their pad rents on time. Included in the sale are 3 mobile homes. Yearly rental income as of August 1 2018 is $146,832 for a CAP RATE of 5%. Improvements to the park done this year may allow for additional rent increases over future years. Asset or Share sale possible. Please verify any important information.
Listing Area:
Kamloops
Listing Sub-Area:
Westsyde
Title:
Freehold
Property Type:
Building and Land
For Sale:
Yes
For Lease:
No
For Rent:
No
Taxes:
$10,854 / -
Lot Area:
Switch units of measure3.38 acre(s)
Lot Depth:
Switch units of measure630'
Lot Frontage:
Switch units of measure380'
Water Supply:
City
Sewer:
Sewer Connected
Original Price:
$2,400,000
Legal Description:
Lot 1 Plan KAP24432 Section 36 Range 18 Land District 25 Meridian W6, FOR REF TO COUNTRY MHP BAYS SEE 54-80301-000 ET AL.
Zoning:
MHP
Listing information last updated on October 18, 2018 at 02:53 PM (UTC)
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