746 Thompson Avenue Chase, British Columbia V0E 1M0
$735,000
First time on the market in 29 years. Offered for sale by a longtime absentee owner! Village Green is located in a quiet area adjacent to a municipal park and is a short walk to most services and amenities. This park offers a uniquely easy to manage investment opportunity where the municipality bills tenants directly for Village utilities, including sewer, water, garbage collection and maintains the road servicing the property, including snow removal. Park has not had a vacancy in the entire 29 years of current ownership. Offering includes approx. 625 sq. ft. rental unit, which has had extensive updates in the last 5 years. Technical Safety BC Silver Label obtained in 2024 for rental unit. Home is not registered in BC Manufactured Home Registry. Village Green, with its consistent cash flow, full occupancy history and 5.1% cap rate, is an affordable, highly desirable, very easy to manage, absentee owner mobile home park. (id:60329)
Property Details
| MLS® Number | 10359449 |
| Property Type | Multi-family |
| Neigbourhood | Chase |
| Community Features | Rentals Not Allowed, Seniors Oriented |
Building
| Constructed Date | 1970 |
| Heating Type | No Heat |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.78 |
| Size Total | 0.78 Ac|under 1 Acre |
| Size Total Text | 0.78 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28734455/746-thompson-avenue-chase-chase
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August 14 2025 10:48:50
Association of Interior REALTORS®
RE/MAX Penticton Realty