KOOTENAY RIVER MOBILE HOME PARK IN CASTLEGAR
651 Rosedale Road | Castlegar BC
$1,791,000.00
For Sale
The Opportunity
Opportunity to acquire the Kootenay River Mobile Home Park, a well-maintained and fully tenant-owned 19-pad manufactured home community ideally located with direct frontage along the Kootenay River in beautiful Castlegar, BC – the heart of the West Kootenays.
The park comprises 19 pads, including 8 prime waterfront sites, set on a picturesque riverside parcel with flat topography and complete utility infrastructure. The asset has been fully leased and tenant-owned for over 20 years, demonstrating exceptional tenant stability and minimal management intensity. With rents below market and potential for ~3 additional pads, the property offers a rare blend of secure cash flow and incremental upside. Positioned within a 3-minute drive of Castlegar’score amenities and the nearest BC Transit bus stop only ~125 metres from the Property line (routes38, 99), the park benefits from Castlegar’s diversified economy, significant housing demand, andlimited supply of high quality and affordable manufactured housing sites.
Property Details
Property Type: |
COMMERCIAL |
Address: |
651 Rosedale Road | Castlegar BC |
# of Units: |
19 |
Year Built: |
1980 |
Land Area: |
2.77 |
Zoning: |
R5-Manufactured home park |
Presented By
Tristan Chart PREC
250-777-7493
tristan@tristanchartcommercial.com
Location Overview
Castlegar is a thriving West Kootenay community located at the confluence of the Columbia and Kootenay Rivers, serving as a central hub between Nelson (30 mins) and Trail (20 mins). The city features a diverse employment base including Selkirk College, Teck Metals, Mercer Celgar, Kalesnikoff, the regional hospital network, in addition to a strong retiree population and a growing adolescent demographic drawn by affordability and outdoor recreation.
