3245 paris street
FOR SALE WHITEWATER MOBILE HOME PARK
3245 PARIS STREET PENTICTON, BC
INVESTMENT OPPORTUNITY // 10.76 ACRES // 93 HOME PADS
Chris Driver
Don Duncan
Marshall McAnerney
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5819 [email protected]
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5828 [email protected]
Personal Real Estate Corporation HM Commercial Group, MacDonald Realty Kelowna 250 712 3130 [email protected]
Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com
FOR SALE
WHITEWATER MOBILE HOME PARK 3245 PARIS STREET, PENTICTON, BC
OPPORTUNITY Cushman & Wakefield Ltd. is pleased to present to the market Whitewater Mobile Home Park. This family-oriented park is located at 3245 Paris Street in beautiful Penticton B.C. This 10.76 acre mobile home park is located within the Skaha Village neighbourhood of Penticton and consists of 93 home pads. The pads are fully serviced with municipal water and sewer and the average lot size is 5,040 sf.
LOCATION Whitewater Mobile Home Park is located one block from Skaha Lake Road, which turns into Main Street and is the major arterial north to south road through Penticton. The park benefits from all the amenities of the City of Penticton, including shopping, schools, parks, and recreational facilities. Peachtree Mall, and Wal-Mart are a few blocks away, as is Cherry Lane Shopping Centre, with Save-On-Foods, London Drugs and The Bay. Penticton is the gateway to the Southern Okanagan region in the interior of British Columbia. The city is surrounded by two fresh water lakes and gentle rolling mountains, making it an inspiring four season destination for a variety of outdoor recreational activities. Deemed “the most attractive climate of all the cities in Canada” by Environmental Canada, the city of Penticton is a popular vacation and retirement location for both British Columbians and Albertans.
FOR SALE WHITEWATER MOBILE HOME PARK
3245 PARIS STREET PENTICTON, BC
ZONING
INVESTMENT HIGHLIGHTS
NET INCOME
RM3 The purpose of this zone is to provide for medium density multiple housing up to five storeys above grade on urban services.
• • • •
$561,347
LEGAL DESCRIPTION
• •
Lot 4, Plan 43502, District Lot 189 & 372, Similkameen Division of Yale District PID: 016-295-552
• •
93 home pads 10.76 acre site Excellent Penticton location Within 1 kilometer of Skaha Lake and 5 kilometers to Okanagan Lake Easy Access to Highway 97 Within in a 5 minute drive to downtown Penticton Full city services Long term development potential
CAP RATE 5%
ASKING PRICE $10,800,000
PRICE PER PAD $116,129
Chris Driver
Don Duncan
Marshall McAnerney
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5819 [email protected]
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5828 [email protected]
Personal Real Estate Corporation HM Commercial Group, MacDonald Realty Kelowna 250 712 3130 [email protected]
E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. 0/17 bg
3245 PARIS STREET PENTICTON, BC
INVESTMENT OPPORTUNITY // 10.76 ACRES // 93 HOME PADS
Chris Driver
Don Duncan
Marshall McAnerney
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5819 [email protected]
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5828 [email protected]
Personal Real Estate Corporation HM Commercial Group, MacDonald Realty Kelowna 250 712 3130 [email protected]
Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com
FOR SALE
WHITEWATER MOBILE HOME PARK 3245 PARIS STREET, PENTICTON, BC
OPPORTUNITY Cushman & Wakefield Ltd. is pleased to present to the market Whitewater Mobile Home Park. This family-oriented park is located at 3245 Paris Street in beautiful Penticton B.C. This 10.76 acre mobile home park is located within the Skaha Village neighbourhood of Penticton and consists of 93 home pads. The pads are fully serviced with municipal water and sewer and the average lot size is 5,040 sf.
LOCATION Whitewater Mobile Home Park is located one block from Skaha Lake Road, which turns into Main Street and is the major arterial north to south road through Penticton. The park benefits from all the amenities of the City of Penticton, including shopping, schools, parks, and recreational facilities. Peachtree Mall, and Wal-Mart are a few blocks away, as is Cherry Lane Shopping Centre, with Save-On-Foods, London Drugs and The Bay. Penticton is the gateway to the Southern Okanagan region in the interior of British Columbia. The city is surrounded by two fresh water lakes and gentle rolling mountains, making it an inspiring four season destination for a variety of outdoor recreational activities. Deemed “the most attractive climate of all the cities in Canada” by Environmental Canada, the city of Penticton is a popular vacation and retirement location for both British Columbians and Albertans.
FOR SALE WHITEWATER MOBILE HOME PARK
3245 PARIS STREET PENTICTON, BC
ZONING
INVESTMENT HIGHLIGHTS
NET INCOME
RM3 The purpose of this zone is to provide for medium density multiple housing up to five storeys above grade on urban services.
• • • •
$561,347
LEGAL DESCRIPTION
• •
Lot 4, Plan 43502, District Lot 189 & 372, Similkameen Division of Yale District PID: 016-295-552
• •
93 home pads 10.76 acre site Excellent Penticton location Within 1 kilometer of Skaha Lake and 5 kilometers to Okanagan Lake Easy Access to Highway 97 Within in a 5 minute drive to downtown Penticton Full city services Long term development potential
CAP RATE 5%
ASKING PRICE $10,800,000
PRICE PER PAD $116,129
Chris Driver
Don Duncan
Marshall McAnerney
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5819 [email protected]
Personal Real Estate Corporation Vice President Investment Sales, Capital Markets Group 604 640 5828 [email protected]
Personal Real Estate Corporation HM Commercial Group, MacDonald Realty Kelowna 250 712 3130 [email protected]
E.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. 0/17 bg
