746 Thompson Avenue Chase, British Columbia V0E 1M0

$735,000

First time on the market in 29 years. Offered for sale by a longtime absentee owner! Village Green s located in a quiet area adjacent to a municipal park and is a short walk to most services and amenities. This park offers a uniquely easy to manage investment opportunity where the municipality bills tenants directly for Village utilities, including sewer, water, garbage collection and maintains the road servicing the property, including snow removal. Park has not had a vacancy in the entire 29 years of current ownership. Offering includes approx. 625 sq. ft. rental unit, which has had extensive updates in the last 5 years. Technical Safety BC Silver Label obtained in 2024 for rental unit. Home is not registered in BC Manufactured Home Registry. Village Green, with its consistent cash flow, full occupancy history and 5.1% cap rate, is an affordable, highly desirable, very easy to manage, absentee owner mobile home park. (id:46156)

Property Details

MLS® Number	10359449
Property Type	Multi-family
Neigbourhood	Chase
Community Features	Rentals Not Allowed, Seniors Oriented

Building

Constructed Date	1970
Heating Type	No Heat
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	0.78
Size Total	0.78 Ac|under 1 Acre
Size Total Text	0.78 Ac|under 1 Acre
Zoning Type	Unknown

https://www.realtor.ca/real-estate/28734455/746-thompson-avenue-chase-chase