Summary Details

  • Property Name Sherwood Estates
  • Address 2670 Sooke River Road, Sooke
  • Site Size 6.80 acres (as per BCAA estimate)
  • Pads 25 mobile home pads
  • Zoning MHP
  • Year Built 1974
  • Net Income $169,040
  • Occupancy 100%
  • Improvements Significant recent upgrades to services and infrastructure
  • Price $3,250,000

Mobile Home Park Investment Opportunity

Opportunity to purchase Sherwood Estates, a 6.8 acre property with 25 mobile home pads situated a short 5 minute drive from downtown Sooke. This incredible property runs alongside both Sooke River and the Galloping Goose Regional Trail, and is easily accessed by Sooke River Road via Highway 14. Originally developed in 1974, the property has undergone considerable upgrades in the last two years to assorted services and infrastructure, inclusive of a new sewer treatment field, new power poles and lines, new electrical sheds and system upgrade, as well as street front fencing and more. Sherwood Estates offers a unique opportunity to benefit from strong and escalating rents with a sewer levy that is added annually to the rent in addition to provincial increases. A rent escalation schedule is available for buyers review. Zoned MHP with the OCP designation of Rural Residential, this is a great opportunity to invest in one of the fastest growing communities in the Province.

Documents

Marketing Brochure

Team

Amanda Neal
Amanda Neal
Personal Real Estate Corporation, Senior Vice President
Avison Young
Dave Bornhold
Dave Bornhold
Personal Real Estate Corporation, Managing Broker, Senior Vice President
Avison Young

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