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  • 5580 MANSON AVE in Powell River: Multi-family for sale : MLS®# 19040

    5580 MANSON AVE Powell River
    Main Photo: 5580 MANSON AVE in Powell River: Multi-family for sale : MLS®# 19040
    $1,688,000

    5580 MANSON AVE Powell River

    Multi-family
    Status:
    Active
    MLS® Num:
    19040
    Floor Area:
    6,198 sq. ft.
    APARTMENT BUILDING INVESTMENT - Manson Manor comprises 12 large 2 bedroom apartments tucked away in a private, landscaped setting in the quiet neighborhood of Cranberry. 100% occupied to long term tenants and generating strong cash-flow this property investment offers investors a 6% cap rate. Average rents are below market levels so there is significant upside for income growth in the years ahead. Each unit has it's own laundry, hydro meter, balcony and parking space. The property is located on a bus route with regular service into Westview. The recreation complex is close by and other local amenities, including a grocery store, shops, restaurants and senior services are within walking distance. Cranberry Lake, Inland Lake and many walking and biking trails are also nearby. This is an excellent long term investment opportunity. Call the listing agent for a more info, including financials - actual and projections and to arrange a viewing. (id:2493) More details
    Listed by ROYAL LEPAGE POWELL RIVER
    LISTING DETAILS

  • 9298 WILLIAMS RD in Powell River: Multi-family for sale : MLS®# 18920

    9298 WILLIAMS RD Powell River
    Main Photo: 9298 WILLIAMS RD in Powell River: Multi-family for sale : MLS®# 18920
    $1,225,000

    9298 WILLIAMS RD Powell River

    Multi-family
    Status:
    Active
    MLS® Num:
    18920
    Fully Tenanted Mobile Home Park - Turnkey Investment Opportunity! An excellent opportunity for investors seeking steady rental income and long-term upside. This fully occupied mobile home park features 18 pads across six freehold lots, totaling approximately 2.6 acres. Ideally located just off Highway 101--midway between Powell River and the Saltery Bay ferry terminal--the property offers both convenience and growth potential. The park operates on a drilled well and septic system, with some pads equipped with gas connections. Included in the sale are one single-family home (not a mobile, in addition to the 18 pads). A cap rate of 6% is achievable, making this a solid income-producing asset from day one. Don't miss this chance to acquire a well-maintained, income-generating MHP in a desirable coastal location. For more information or to schedule a private tour, contact the listing agent today. (id:2493) More details
    Listed by ROYAL LEPAGE POWELL RIVER
    LISTING DETAILS
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Data was last updated June 14, 2025 at 06:45 AM (UTC)
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