Lot Christina Lane Salmon River Salmon River, Nova Scotia B2N 7G3
$550,000
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:25286)
Property Details
| MLS® Number | 202428485 |
| Property Type | Multi-family |
| Community Name | Salmon River |
| Amenities Near By | Golf Course, Playground, Public Transit, Beach |
| Community Features | Recreational Facilities |
Building
| Appliances | None |
| Basement Type | Unknown |
| Exterior Finish | Other |
| Flooring Type | Other |
| Foundation Type | Unknown |
| Type | Apartment |
| Utility Water | Drilled Well |
Parking
| Gravel |
Land
| Acreage | Yes |
| Land Amenities | Golf Course, Playground, Public Transit, Beach |
| Sewer | Municipal Sewage System |
| Size Irregular | 3.62 |
| Size Total | 3.62 Ac |
| Size Total Text | 3.62 Ac |
Interested?
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December 20 2024 02:44:45
Nova Scotia Association of REALTORS®
RE/MAX Nova (Halifax)