Midway Mobile Home & RV Park

  • $1,650,000

Salient Details

  • Units 35
  • Suite Mix 23 MHP, 11 RV, 1 House
  • Lot Size 5 Acres
  • Year Built 1975
  • Net Income $152,734
  • Cap Rate 9.26%

 Midway Mobile Home & RV Park

35-unit manufactured home & RV community in the picturesque Kettle Valley.
Midway MH & RV Park - Brochure

Investment Highlights

Stable 55+ Manufactured Housing Community
A designated senior-oriented community consisting of 23 manufactured home pads occupied primarily by long-term residents.
Revenue Growth Potential
Several RV sites offer flexibility for long-term occupancy, seasonal accommodation, or tourism-related rentals.
Diverse Revenue Streams
Income is generated from manufactured home pads, RV sites, a renovated detached residence, and occupied storage units, providing multiple sources of revenue and reducing reliance on any single tenant category.
Recent Capital Improvements
Ownership has invested approximately $110,000 into the Property over the last three years, including electrical upgrades, RV infrastructure expansion, water service improvements, tree management, and site-wide maintenance initiatives.
Renovated Manager’s Residence
The Property includes a renovated 1,548-square-foot two-storey residence that offers flexibility for owner occupation, onsite management, or supplemental rental income. Recent improvements include new windows, insulation upgrades, flooring, appliances, interior and exterior paint, and natural gas heating.
Full Municipal Services
Unlike many rural manufactured housing communities, the Property benefits from municipal water and sewer services in addition to municipal garbage and recycling collection, providing long-term operational advantages and reducing capital replacement exposure.

Contact us

Patrick McEvay

Managing Director

Personal Real Estate Corporation

James Blair

Managing Director

Personal Real Estate Corporation

Adam Herman

Director

Personal Real Estate Corporation