Sprucewoods Mobile Home Park, Sprucewoods

Description

Investment Opportunity! Discover the potential of the Sprucewoods Mobile Home Park, a well-located property spanning 7.16 acres near CFB Shilo and Brandon, Manitoba. Positioned conveniently across the highway from a gas station and convenience store, this mobile home park is perfectly situated for steady demand. Currently, the park features 17 rental pad sites with the potential to expand to 25 pad sites, offering excellent growth opportunities. The average monthly gross income per pad site is $314, providing a consistent revenue stream. Significant infrastructure updates have already been made, with the current owner investing over $150,000 in improvements. While additional capital expenditures are required to complete the updates, this creates an incredible opportunity for the right buyer to maximize the park's potential. With its strategic location, existing income, and growth possibilities, the Sprucewoods Mobile Home Park is a compelling investment opportunity at a competitive price. Don't miss this one!