This well established mobile home park, located just outside Truro in Salmon River, Nova Scotia, offers an excellent investment opportunity with a steady income stream and significant growth potential. Featuring 25 developed lots, including two vacant pads ready for new homes, the park provides immediate rental income while offering the opportunity to expand further. The property is well-maintained, with paved roads, municipal sewer, and a drilled well, ensuring minimal upkeep and reliable service for residents. The park currently enjoys stable, long term tenants, creating a consistent cash flow with low turnover. Additionally, the land has potential for future expansion, allowing for the development of additional lots to further increase the income potential. Located in the desirable Colchester County, just minutes from the amenities of Truro, this mobile home park offers the perfect blend of rural tranquility and convenient access to town services. With solid financial performance, established infrastructure, and room for growth, this property presents a promising opportunity for investors seeking a stable, income generating asset with future upside. Contact your agent today to explore this fantastic investment opportunity. (id:47423)
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Detailed Information
Amenities Nearby
Golf Course, Playground, Public Transit, Beach
Community Features
Recreational Facilities
Listing Contract Date
2024-12-19
Location Description
East Prince St to Matheson Dr. AND/OR Christina Lane.
Municipal ID
20036182
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Building
Appliances
None
Basement Type
Unknown
Exterior Finish
Other
Flooring Type
Other
Foundation Type
Unknown
Type
Apartment
Utility Water
Drilled Well
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
3.62 acres
Acreage
Yes
Amenities
Golf Course, Playground, Public Transit, Beach
Sewer
Municipal sewage system
Size of Irregular Land
3.62
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