1035 Hwy 17 E
Wahnapitae, Ontario P0M 3C0
$
1100000.00
mls number:
2130409
bed
bath
ft2
acres
Other
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Property Details
Listing Description
RARE INVESTMENT OPPORTUNITY — TWO MOBILE HOME PARKS + APPROX. 190+ ACRES FOR $1,100,000! Acquire two established income-producing mobile home parks, approximately 190+ acres of land, 18 mobile home pads and a 4-bedroom residence — all offered together as one unique portfolio. representing an implied 9.02% cap rate. Located along Highway 17 E in Wahnapitae and Markstay-Warren, both properties feature established infrastructure, existing tenants and significant surplus land beyond the developed park areas. 1035 Hwy 17 E offers approximately 100 acres with 9 mobile home pads, municipal water, individual septic systems, internal roadways, an onsite office and additional commercial/laydown space. 5261 Hwy 17 E offers approximately 100 acres with 9 mobile home pads plus a 4-bedroom detached home, providing additional rental income or the opportunity for onsite owner/manager accommodation. The property also includes a large barn, corral, expansive green space and frontage/backing toward the Veuve River. With approximately 190+ acres of surplus land across both properties, this portfolio offers substantial underlying land value and long-term flexibility, subject to applicable municipal approvals and regulations. Both parks are established and maintained, providing an attractive combination of current income and significant land holdings. Offered exclusively as a combined package. A rare opportunity to acquire income-producing real estate, established mobile home parks, substantial acreage and existing infrastructure in one transaction. Financial information available to qualified buyers. (id:39198)
Summary
Property type
Other
built in
square footage
sqft
annual property taxes
community name
parking type
Not in CMS
land size
acres
time on market
Not in CMS

Building Features

Style Offices

Foundation type Unknown

Heating & Cooling

Cooling None

Utilities

Sewer Municipal sewage system

Water Municipal water

Parking

Parking type Visitor Parking

Listing Description
Listing Description

Other Property Information

Zoning C2

Road surface Gravel road, No thru road

Data provided by: Sault Ste. Marie Real Estate Board
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