Overview
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.
Contact us about this listing & It's History
Neighborhood Information
Salmon River, NS
Salmon River is a small community in the Canadian province of Nova Scotia. Nestled in the verdant, rolling landscapes of the region, the city offers a serene and tranquil environment to its residents and visitors. The rural surroundings are dotted with picturesque farms and woodlands, providing a charming backdrop for a quiet, country lifestyle.
Despite its rural allure, Salmon River does not lack in modern amenities. It is in close proximity to the city of Truro, which offers a plethora of shopping, dining, and entertainment options. Moreover, the community is known for its friendly and welcoming residents who contribute to a tight-knit, neighborly feel.
The only downside might be a lack of urban excitement, which some might find too quiet. But for those who appreciate an idyllic rural setting, Salmon River is a hidden gem in Nova Scotia.
75
Compared to other cities in Canada, Salmon River provides a unique lifestyle proposition. Its natural charm, close-knit community, and proximity to urban amenities make it an appealing choice for those seeking a balanced lifestyle. Overall, Salmon River scores a solid 75 out of 100.
Search Nearby Activities70
The schools in and around Salmon River are part of the Chignecto-Central Regional School Board, which is known for its dedicated teachers and comprehensive curriculum. The school system provides a conducive learning environment making the city's schools score a decent 70 out of 100.
Search Nearby Schools65
While Salmon River might not have a bustling nightlife, it has a number of local festivals and events, such as the local farmers' market and annual community fairs. The city also boasts proximity to Truro's thriving arts and culture scene. The city's entertainment score is 65 out of 100.
Search Nearby Restaurants80
The area around Salmon River offers plenty of opportunities for outdoor activities, such as hiking, fishing, and bird watching. The city's close proximity to the Cobequid Mountains is also a bonus for nature lovers. Therefore, Salmon River's outdoor activities score is 80 out of 100.
Walk Score - 18%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
Map
Similar Properties
Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.Mortgage Calculator
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
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Property Details
| On Market Date | 2024-12-20T14:04:33.4 |
| Status | ACTIVE |
| Price | $550,000.00 |
| Unit Number | LOT |
| Neighborhood | Northern Region |
| Location | Lat: 45.364678, Lng: -63.249365 |
| Square Feet | 0.00 |
| Lot Size | 130,680.00 |
| Parking Features | Parking Available For Each Mobile Home |
| Appliances | None |
| Heating | Other |
| Cooling | Other |
| Sewer | Municipal |
| Roof | Other |
| Flooring | Other |
| Lot Features | 157687.2 |
| Community Features | Golf Course,Playground,Public Transit,Recreation Center,Beach |
| Association Fee | 0.00 |
| Listing Office Name | 815 |
| Listing Agent | Jonathan Lander |
| Listing Agent Contact | JonathanLander@remaxnova.ca |
| MLS® | 202428485 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.