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1594 Lakeshore Dr 58 Unit Caravan Park £1,738,619 (£29,976/Unit) 12.50% Net Initial Yield Shuniah, ON P7A 0S9
EXECUTIVE SUMMARY
MOBILE PARK-Triple "A" investment opportunity to purchase a Mobile Home Park with motel building(Highway Commercial) on 20 acres, 5 mins from Lake Superior. Generating excellent cash flows of almost $400,000 in gross income. Very well maintained family owned and operated since 1997. Updates & renovations have occurred within the last 24 months with a very substantial increase in rental income over last 4 years. Zoned both Mobile Home Residential and Highway Commercial with an existing Motel Building. Adjacent amenities include walking trails. Amethyst Harbor and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. ZONED NHR/CH Mobile Home Res/Hwy Commercial
PROPERTY FACTS
| Price | £1,738,619 | Apartment Style | Single-Family Home |
| Price Per Unit | £29,976 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 19.32 ac |
| Yield | 12.50% | Property Size | 3,181 sq ft |
| No. Units | 58 | No. Floors | 1 |
| Property Type | Build-to-Rent | Year Built | 1950 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Use Class | NHR, CH - Mobile Home Residential, Commercial Highway | ||
| Price | £1,738,619 |
| Price Per Unit | £29,976 |
| Sale Type | Investment |
| Yield | 12.50% |
| No. Units | 58 |
| Property Type | Build-to-Rent |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Costar Property Class | C |
| Total Plot Size | 19.32 ac |
| Property Size | 3,181 sq ft |
| No. Floors | 1 |
| Year Built | 1950 |
| Use Class | NHR, CH - Mobile Home Residential, Commercial Highway |
AMENITIES
SITE AMENITIES
- Smoke Free
- Storage Space
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1594 Lakeshore Dr
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