5261 Hwy 17, Markstay-Warren, Ontario

$1,100,000

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About 5261 Hwy 17

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:6289)

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Features of 5261 Hwy 17

Listing # 2130407
Price $1,100,000
Type Other
Sub-Type Freehold

Community Information

Address 5261 Hwy 17
City Markstay-Warren
Province Ontario
Postal Code P0M1X0

Amenities

Parking Parking Space(s), Gravel, Visitor Parking
Garages Parking Space(s), Gravel, Visitor Parking
Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Listing Details

OfficeROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Listing Map

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