1035 Hwy 17 E,Wahnapitae, ON P0M3C0
Wahnapitae, ON P0M3C0
Description
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:13843)
Details
| MLS # | 2130409 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 43 |
| Listing Provided By | ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE | SHAYNE MALONE |
Features
| Zoning | C2 |
|---|
Interior
| Cooling | None |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Security Features | None |
|---|---|
| Foundation Details | Unknown |
Parking
| Parking Features | Visitor Parking |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Area Information
| Province | ON |
|---|---|
| City | Wahnapitae |
| Postal Code | P0M3C0 |
| Listing VS Median (in P0M3C0) | |
Price: $1,100,000 low | high Med: $489,800 On site: 43 low | high Med: 36.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Wahnapitae |
| Postal Code | P0M3C0 |
| Listing VS Median (in P0M3C0) | |
Price: $1,100,000 low | high Med: $489,800 On site: 43 low | high Med: 36.5 | |
