LOT Christina Lane Salmon River, Salmon River, (MLS® 202428485) RE/MAX nova
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LOT Christina Lane Salmon River, Salmon River

0 0 0 sqft
$550,000 For Sale

Description

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.

Listing Details

Address
LOT Christina Lane Salmon River, Salmon River, B2N 7G3

Status
ACTIVE
Listing Price
$550,000
MLS®
202428485
Type
n/a
Style
---
PID
20036182

Water
Drilled Well
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Other
Roof
Other
Exterior Finish
Other
Flooring
Other

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Garage & Parking

Garage
N
Details
-

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

321

Median Age

48.5

Avg Household Size

2.2

Avg House Income

$78K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $281,900 ---
2023 $243,300 ---
2022 $243,300 ---
2021 $243,300 ---
2020 $557,400 ---
2019 $557,400 ---
2018 $544,900 ---
2017 $530,200 ---
2016 $530,800 ---
2015 $589,400 ---
2014 $875,000 ---
2013 $316,100 ---
2012 $317,100 ---

Maps

Mortgage Inquiries

Last Updated On: 12/20/2024 2:04:34 PM (UTC)