Property Description for 1409 11th Avenue N
Discover a prime investment opportunity with the Pinewood Mobile Home Park, a well-established 1.49-acre property located in the picturesque town of Golden, BC. This 19-pad mobile home park is ideally situated between the Trans Canada Highway, and renowned Kicking Horse Resort and the scenic Golden Golf Club, both of which offer a wealth of recreational activities year-round. As an absent owner investment property, Pinewood MHP boasts a reliable income stream from full-time residents, ensuring consistent cash flow with a promising 5.9% cap rate. Moreover, there is significant potential for growth. With current pad rents below market rates, savvy investors can capitalize on the opportunity to adjust rents in line with market trends. Additionally, the space offers the potential to add a seasonal RV site, further enhancing the revenue potential of this already lucrative property. Embrace the chance to own a piece of Golden’s vibrant community while enjoying the benefits of a solid investment. Pinewood Mobile Home Park is not just a financial asset; it’s an opportunity to be part of a thriving area rich in outdoor activities nestled amidst three stunning mountain ranges. Don’t miss out on this unique chance to invest in your future! (id:38686)
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Property Details
Property Tax
: N/AMLS® #
: 10345169
Property Features
Property Type
: Commercial
Room Details
Partial Bathroom
: 0
Exterior Features
Acreage
: 1.49
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