Proposed 95 Pad Mobile Home Park

Vacant Land for Sale
Catylist Listing ID: 30529851
Property Subtypes: Multi-Family
Gross Land Area: 15.06 Acres
Sale Price: $2,375,000
Unit Price: $157,702 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/4/2020

Overview / Comments

• 15.06 acres site currently under rezoning and subdivision application
• On City water and sanitary sewer with full utilities available (P, T, C & N/G)
• All pads 42 x100’ with projected pad rents at $575.00 per month
• Building scheme covenant to be registered on title
• Proposed 2,000 sq. ft. Clubhouse and limited RV parking
• All offers to be conditional upon City of Merritt approval of subdivision and zoning applications, (PLA est End of April 2020)
Well priced at $25K per pad

Additional Details

Regional District: Thompson-Nicola
Parcel ID: subdivided portion of 013-022-563
Zoning: APPLIED FOR - EST END APRIL
Property Visibility: Excellent
Legal Description: 15.06 Acres to be subdivided off
Part of Planned Development?: Yes
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Contact

Photograph of Listing Agent

Ted Weibelzahl

NAI Commercial (Langley) Ltd.
Commercial First Member
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