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978 Lundell Road, Revelstoke | $925,000

Village Mobile Home Park is a great multifamily investment with 15 units (13 occupied by owner discretion), situated on a level, 2 acre parcel with city water and septic system. Ideally set up for both a lifestyle or absentee owner, this modular home community has seen significant recent capital upgrades to its complete water and 50% of its septic systems. Family owned investment for two generations. Recent capital investment: Tree care $5,565 (2023) water lines $69,900 (2023); septic replacement $40,000 (2024); water shut offs $15,800 (2024); full inspections completed on all systems. Recent RTB decision for additional rent increase to amortize capital upgrades. Invoice and permits provided; buyer to verify. Full package available upon request.

Description

Village Mobile Home Park is a great multifamily investment with 15 units (13 occupied by owner discretion), situated on a level, 2 acre parcel with city water and septic system. Ideally set up for both a lifestyle or absentee owner, this modular home community has seen significant recent capital upgrades to its complete water and 50% of its septic systems. Family owned investment for two generations. Recent capital investment: Tree care $5,565 (2023) water lines $69,900 (2023); septic replacement $40,000 (2024); water shut offs $15,800 (2024); full inspections completed on all systems. Recent RTB decision for additional rent increase to amortize capital upgrades. Invoice and permits provided; buyer to verify. Full package available upon request.

General Info


MLS Listing ID: 10401498 Bedrooms: 0 Bathrooms: 0 Year Built: 1971
Parking: N/A Heating: N/A Lotsize: 2.01 ac|1 - 5 acres Air Conditioning : N/A

Amenities/Features


  • Level lot

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .