1409 11 Avenue North

For Sale 132 Days
$1,299,900
beds
baths

1409 11 Avenue North

For Sale 132 Days
$1,299,900
beds
baths

Highlights

Key insights

Description

Discover a prime investment opportunity with the Pinewood Mobile Home Park, a well-established 1.49-acre property located in the picturesque town of Golden, BC. This 19-pad mobile home park is ideally situated between the Trans Canada Highway, and renowned Kicking Horse Resort and the scenic Golden Golf Club, both of which offer a wealth of recreational activities year-round. As an absent owner investment property, Pinewood MHP boasts a reliable income stream from full-time residents, ensuring consistent cash flow with a promising 5.9% cap rate. Moreover, there is significant potential for growth. With current pad rents below market rates, savvy investors can capitalize on the opportunity to adjust rents in line with market trends. Additionally, the space offers the potential to add a seasonal RV site, further enhancing the revenue potential of this already lucrative property. Embrace the chance to own a piece of Golden’s vibrant community while enjoying the benefits of a solid investment. Pinewood Mobile Home Park is not just a financial asset; it’s an opportunity to be part of a thriving area rich in outdoor activities nestled amidst three stunning mountain ranges. Don’t miss out on this unique chance to invest in your future! (id:55581)

Dayna Pickup of RE/MAX of Golden,
#10345169
updated 3 months ago.
Houseful checked MLS® for data 3 months ago.

Home overview

Location
  • Subdivision
    Golden
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot desc
    Level
  • Lot dimensions
    1.49
Overview
  • Lot size (acres)
    1.49
  • Listing #
    10345169
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28220668/1409-11th-avenue-n-golden-golden
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,466

/ Month
25 Years fixed, 20% down payment, % interest
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