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$ 2,600,000
Est. payment | /mo
$ 2,600,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Creston
MLS® Listing ID 10390771
Property Sub-Type Freehold
Property Description
Exceptional opportunity to acquire one of the most pristinely managed and maintained RV and mobile home parks in Southern British Columbia. Comprising 8.79 acres and located just minutes from downtown amenities, Scottie's RV & Mobile Home Park features 41 campground and RV sites, including 32 serviced and 9 unserviced with 13 winterized year-round RV sites, plus 24 tenant-owned mobile home pads contributing 40% of total revenues to provide a stable income base. The property also includes a rental cabin, a three-bedroom manager's residence, and on-site laundry facilities. Ownership has invested approximately $187,000 in capital improvements since 2024, including upgrades to utilities, septic, electrical, WiFi, bathhouse facilities, landscaping, fencing, and underground servicing. The property is connected to city water, with municipal sewer infrastructure located immediately across Erickson Road, presenting long-term servicing potential. Approximately 1.5 acres of surplus land offers potential for immediate expansion, with the possibility for even greater development potential if connected to municipal sewer. Additional value-add opportunities include expansion of long-term RV occupancy, installation of park model units, and rental rate growth. This is a rare chance to acquire a turnkey hospitality and manufactured home park asset with diversified income, strong in-place cash flow, and meaningful future upside in one of the Kootenays' most desirable markets. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic tank
Others
Ownership Freehold
Virtual Tour https://youtu.be/k-uKTQ2ZmDE
Listed by Royal LePage Kelowna
Nearby School & Business
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Nest Real Estate Group
Real Estate Team | License ID: 139039