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For Sale

Highview Estates Mobile Home Park

  • $6,800,000

Salient Details

  • Lot Size 18.609 Acres
  • Year Built 1975
  • Net Income $389,247
  • Cap Rate 5.72%

Highview Estates Mobile Home Park

Northern Vancouver Island Mobile Home Park Consisting of 101 Pads on 18.6 Acres
Highview Estates - Brochure
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Highview Estates Mobile Home Park Aerial

Investment Highlights

Institutional-Scale Community with Proven Stability
Highview Estates is one of the largest manufactured home communities in Northern Vancouver Island, comprising 101 pads across 18.6 acres. The Property has historically operated at or near full occupancy, reflecting durable demand for affordable housing in the region.
Tenant-Owned Homes Drive Long-Term Cash Flow
All homes within the park are tenant-owned, eliminating turnover risk typically associated with rental units and significantly reducing capital expenditure requirements. This structure supports stable and predictable income with minimal operational volatility.
Excellent On-Site Management
The Property benefits from experienced on-site management that is familiar with the tenant base and operations, and is willing to remain post-sale, providing continuity and reducing execution risk for incoming ownership.
Municipal Services & Operational Efficiency
Highview Estates is fully serviced by municipal water and sewer, providing long-term infrastructure reliability and minimizing maintenance complexity.

Gallery

Contact us

Patrick McEvay

Managing Director

Personal Real Estate Corporation

(604) 789 0720

Patrick.McEvay@marcusmillichap.com

Email Patrick

James Blair

Managing Director

Personal Real Estate Corporation

(604) 790 7089

James.Blair@marcusmillichap.com

Email James

Adam Herman

Director

Personal Real Estate Corporation

(604) 652 3016

Adam.Herman@marcusmillichap.com

Email Adam

Suvarna Sunil

Associate Director

(778) 772 5133
Sunil.Suvarna@marcusmillichap.com

Email Sunil

Patrick Ferrie

Associate

(250) 793 3498
Patrick.ferrie@marcusmillichap.com
Email Patrick