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3616 LARCH AVENUE

$3,700,000
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3616 LARCH AVENUE

MLS® #C8046934

Property Description

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:50106)

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Price:$3,700,000
MLS® Number:C8046934
Full Address:3616 LARCH AVENUE, Terrace, British Columbia, V8G5B9
Lot Size:10.170 ac
Built In:9999
List Date:October 3rd, 2022

Property Summary

Transaction Type:For sale

Building Features

Lot Size:10.170 ac

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Agent: Don Kehler | Office: Team Powerhouse Realty
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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