1/64537 Begbie Road, Tappen
537 Begbie Road, Tappen, BC V0E2X1
$2.0M total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
About this property
Bastion Mobile Village is an established 55+ manufactured home park in the Shuswap. Set on 3.97 acres with beach access to Shuswap Lake, this well managed park features 22 fully occupied pads, a history of low tenant turnover and steady pad rental income. The meticulously maintained grounds feature full landscaping and cedar hedging, with paved roads and curbing throughout the park. Paved driveways lead to individual homes, while the cedar hedging adds greenery and privacy. Recent capital upgrades complement the park’s ongoing upkeep. The property offers easy access to Highway 1, with parks and recreation nearby and Salmon Arm approximately a 20 minute drive. (id:66811)
Financial sandbox
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Monthly debt service
$9K
Projected NOI
$145K
Annual cash flow
$34K
Cash-on-cash
5.64%
DSCR
1.31
Going-in cap
7.23%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
100,249
Households
36,170
Median income
$78,500
Median age
42.8
Daytime population
96,727
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 537 Begbie Road, Tappen.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.