This is a 55+ Manufactured Home Park located in the thriving city of Terrace, B.C. There is a total of 66 pads of which 64 are full and the remaining two available for further additional income opportunities or an on site office. City water with 7 septic systems throughout the park, noting the Regional District are looking to secure funding for a community sewer system. Enjoy a 6.35% cap rate with potential for increased revenues/return. Terrace is the hub to Prince Rupert [P.R. Container Port/Lng activity], Kitimat [LNG activity] as well as mining to the north. This is your opportunity to participate in this growing economy with a stable and recession proof investment. * PREC - Personal Real Estate Corporation (id:52190)
