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:4069)
Address
LOT Christina Lane Salmon River
List Price
$550,000
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Nova Scotia
Sub-Area
Salmon River
Lot Size
3.62 Sq. Ft.
MLS® Number
202428485
Listing Brokerage
RE/MAX Nova (Halifax)
Basement Area
Unknown
Postal Code
B2N7G3
Site Influences
Golf Course, Playground, Public Transit, Beach
