A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, mountain view for Christina Lane Salmon River #LOT, Salmon River Nova Scotia B2N 7G3
3 days on Market

Christina Lane Salmon River #LOT, Salmon River, Nova Scotia B2N 7G3

Townhouse
-
-
- sqft
$550,000
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,362/mo

Tax Amount ()-

Days On Market3 days


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.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202428485
Community NameSalmon River
Data SourceNSAR
Listing byRE/MAX Nova (Halifax)

Features

Heating: Other Heating/Cooling
Cooling: Other Heating/Cooling
Basement: Other

Property listed by RE/MAX Nova (Halifax), Brokerage
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Population and Demographics

Overview

Total population 1978
Average household income $87,817

Age (%)

50 to 64
22%
65 and plus
22%
0 to 19
21%
35 to 49
18%
20 to 34
16%

Household composition (%)

Single family
63%
Single person
32%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
98%
Others
2%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget