9384 STEPHENS WAY - $3,495,000

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$3,495,000
9384 STEPHENS WAY
Halfmoon Bay, British Columbia V7Z1G9
MLS® Number: R3106780
Vacant LandType

About This Property

A remarkable opportunity for a cash flow positive business on the Sunshine Coast. This park is a turn key operation and once fully rented it will gross over $400,000 per year. Built new in 2023/2024, with no expenses spared, this RV site property has 40 sites and is all ready to go. Occupancy over 50% currently with new occupants coming every month. Zoning will also allow for the addition of 2 full size homes. Additional space on the 10 acre property for possible storage units, RV storage etc for extra revenue. Coin-op laundry and shower building. Single asset BC corporation with existing 1.9mil mortgage can make purchase possible with a low out of pocket down payment. (id:64973)

Rose's Thoughts
Rose Marie Manno

At $351 per square foot, this RV park in Halfmoon Bay is priced competitively compared to the local market, which typically ranges from $300 to $400 per square foot for similar vacant land. The property's potential for a high rental yield of over $400,000 annually makes it an attractive investment opportunity for experienced RV park operators or real estate investors seeking a cash-flowing asset.

Property Details

Lot Size9.93 (10 acres)
Property TypeVacant Land
ViewView
CommunityRural Setting
Annual Taxes$2,003
CityHalfmoon Bay
Postal CodeV7Z1G9
MLS® #R3106780

Location

Interested in buying in Halfmoon Bay?

Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

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