Office Listings
Lot Board Landing Rd
104-Truro / Bible Hill
Onslow
B6L 5A4
$1,400,000
Multi-Family
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202428456
- Photos (6)
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63 Lots on 22.5 Acres - This well established mobile home park in Onslow, just outside Truro, Nova Scotia, presents a fantastic investment opportunity with a steady annual income of over $117,000. Founded in the 1970s, the park features 63 developed lots, offering long term, reliable rental income. With paved roads, established streets, municipal sewer, and a drilled well, the property is low maintenance and well equipped for the needs of its residents. Additionally, the land sits on 22.5 acres, and has potential for future expansion, allowing for the development of additional lots to further increase the income potential. The park is home to a stable mix of long term tenants, providing a reliable cash flow with minimal turnover. Its location is a real highlight - just minutes from Truro, offering the peace of rural living with easy access to town amenities. This mobile home park combines strong financial performance, established infrastructure, and an ideal location in Colchester County, making it a great choice for investors looking for a solid, income producing property. Call your agent today to view.
- Just past Onslow Junior High on the right is Board Landing Road.
- Listing Sub-Area:
- 104-Truro / Bible Hill
- Property Type:
- Multi-Family
- Multi-Family Type:
- Over 12 Units
- Title To Land:
- Freehold
- Building Dimenions:
- N/A
- Lot Size:
- 22.5 acre(s)9.11 hectare(s)
- Prop Size:
- 10 to 49.99 Acres
- # of Rental Units / Occupied:
- 63
- Exterior Finish:
- Other
- Foundation:
- Other
- Basement:
- Other
- Floor Finish:
- Other
- Roof:
- Other
- Heating:
- Other
- Fuel:
- Other
- Garage Description:
- N/A
- Parking:
- Yes
- Parking Description:
- Parking Available For Each Mobile Home
- Driveway:
- Paved
- Water Supply:
- Drilled Well
- Water And Sewage:
- -
- Sewer:
- Municipal
- Num Units:
- 63
- Rental Income:
- Yes, 117,144
- Laundry Income:
- -
- Other Income:
- -
- Approx. Net Income:
- 77489.07 - Maintenance
- Insurance Expense:
- 7,020.35
- Taxes Costs:
- 13,122.32
- Other Costs:
- 3,270.11 (Utilities)
- Management expense:
- 10,867.79
- Snow / Garbage Collection:
- 5374.73
- Heating Bill:
- -
- Electricity Bill:
- -
- Approx. Total Expense:
- 39654.93 + Maintenance
- Approx. Total Income:
- 117,144
- Golf Course, Playground, Public Transit, Recreation Center, School Bus Service, Beach
- None
- No
- Zoning:
- R2
- Possession Info:
- Negotiable
Larger map options:
Listed by RE/MAX Nova (Halifax)
Data was last updated January 10, 2025 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $499,900
- Min list price:
- $74,900
- Max list price:
- $2,900,000
- Avg days on market:
- 51
- Min days on market:
- 2
- Max days on market:
- 421
These statistics are generated based on the current listing's property type
and located in
104-Truro / Bible Hill. Average values are
derived using median calculations.
- CHUCK GROOCOCK
- RE/MAX NOVA
- 1 (902) 233-5834
- Contact by Email