Lot Christina Lane Salmon River Salmon River, Nova Scotia B2N 7G3

Acreage

$550,000

This well established mobile home park, located just outside Truro in Salmon River, Nova Scotia, offers an excellent investment opportunity with a steady income stream and significant growth potential. Featuring 25 developed lots, including two vacant pads ready for new homes, the park provides immediate rental income while offering the opportunity to expand further. The property is well-maintained, with paved roads, municipal sewer, and a drilled well, ensuring minimal upkeep and reliable service for residents. The park currently enjoys stable, long term tenants, creating a consistent cash flow with low turnover. Additionally, the land has potential for future expansion, allowing for the development of additional lots to further increase the income potential. Located in the desirable Colchester County, just minutes from the amenities of Truro, this mobile home park offers the perfect blend of rural tranquility and convenient access to town services. With solid financial performance, established infrastructure, and room for growth, this property presents a promising opportunity for investors seeking a stable, income generating asset with future upside. Contact your agent today to explore this fantastic investment opportunity. (id:40687)

Property Details

MLS® Number 202428485
Property Type Multi-family
Community Name Salmon River
Amenities Near By Golf Course, Playground, Public Transit, Beach
Community Features Recreational Facilities

Building

Appliances None
Basement Type Unknown
Exterior Finish Other
Flooring Type Other
Foundation Type Unknown
Type Apartment
Utility Water Drilled Well

Parking

Gravel

Land

Acreage Yes
Land Amenities Golf Course, Playground, Public Transit, Beach
Sewer Municipal Sewage System
Size Irregular 3.62
Size Total 3.62 Ac
Size Total Text 3.62 Ac

https://www.realtor.ca/real-estate/27748892/lot-christina-lane-salmon-river-salmon-river-salmon-river

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