Lot Board Landing Rd (MLS® 202428456)

Onslow, NS, B6L 5A4

Summary

MLS ®:
 202428456
Price:
 $1,400,000
Status:
 Active
District:
 104
Zoning:
 R2
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 117,144
Approx. Net Income:
 77489.07 - Maintenance
Laundry Income:
 -
Other Income:
 -
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 39654.93 + Maintenance
Maintenance Expense:
 (see inst to mbrs.)
Management Expense:
 10,867.79
Snow & Garbage Expense:
 5374.73
Water & Sewage Expense:
 -
Insurance Expense:
 7,020.35
Tax Costs:
 13,122.32
Electricity Bill:
 -
Heating Bill:
 -
Other Costs:
 3,270.11 (Utilities)
Expense Details:
Call 902-499-7886

Property Overview

Lot Board Landing Rd, Onslow (MLS® 202428456): 63 Lots on 22.5 Acres - This well established mobile home park in Onslow, just outside Truro, Nova Scotia, presents a fantastic investment opportunity with a steady annual income of over $117,000. Founded in the 1970s, the park features 63 developed lots, offering long term, reliable rental income. With paved roads, established streets, municipal sewer, and a drilled well, the property is low maintenance and well equipped for the needs of its residents. Additionally, the land sits on 22.5 acres, and has potential for future expansion, allowing for the development of additional lots to further increase the income potential. The park is home to a stable mix of long term tenants, providing a reliable cash flow with minimal turnover. Its location is a real highlight - just minutes from Truro, offering the peace of rural living with easy access to town amenities. This mobile home park combines strong financial performance, established infrastructure, and an ideal location in Colchester County, making it a great choice for investors looking for a solid, income producing property. Call your agent today to view.

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

Just past Onslow Junior High on the right is Board Landing Road.

Building Specs.

Building Dimensions:
N/A
Foundation Type:
Other
Roof Material:
Other
Exterior Finish:
Other
Flooring Type:
Other
Heating & Cooling:
Other
Water:
Drilled Well
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
N/A
Parking:
Parking Available For Each Mobile Home
Driveway/Parking:
Paved

Community Features

Beach, Golf Course, Playground, Public Transit, Recreation Center, School Bus Service

Rental Equipment

None

Map

Contact Agent