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1594 Lakeshore Dr 58 Unit Mobile Home Park $2,313,158 USD ($39,882 USD/Unit) 12.50% Cap Rate 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 | $2,313,158 USD | Apartment Style | Single-Family Home |
| Price Per Unit | $39,882 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 19.32 AC |
| Cap Rate | 12.50% | Building Size | 3,181 SF |
| No. Units | 58 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | NHR, CH - Mobile Home Residential, Commercial Highway | ||
| Price | $2,313,158 USD |
| Price Per Unit | $39,882 USD |
| Sale Type | Investment |
| Cap Rate | 12.50% |
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 19.32 AC |
| Building Size | 3,181 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | 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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