Athabasca Mobile Home Park 2501 – 41st Ave, Athabasca, AB T9S 1V7

Property Detail

Type Status Location City/Town Price $1,400,000 Land Base 20.36 acres (Freehold) acres Cap Rate 4.4% Pads 57 mobile home pads of which 24 newly developed in 2021 Topography Level Expansion Yes, on about 10 vacant acres Residence No Age Phase 1 in 1996 and Phase 2 in 2021 Taxes $8,880 (2025) Zoning R-MHP _ Mobile Home Park Vacancy 3 of the 33 original park. Pad Rents $300/month (no increases have been given since 2022) Gross Income $102,050 (2025) Net Income $62,210 (2025) Financing Buyer to secure his own new financing

Property Description

Excellent investment opportunity! Athabasca Mobile Home Park, established in 1996, is located within the charming community of Athabasca on over 20 acres of land. It is a quiet, inviting, well maintained park catering to families (great fenced in park for children), individuals and seniors. There are currently 57 pads in total of which 24 newly development lots as of 2022. The owners are NOT actively perusing filling these lots. Each developed lot is 100′ x 40′ and there is bare land adjacent to the current park site offering the opportunity for expansion. Conveniently located just a few short km’s from all amenities including a Primary School just 1.3 kms away. Only 1.5 hours from Edmonton. Town water. Zoned R-MHP.

Athabasca City Hall Website: Click HERE

Property Features

City Water & Sewer
Septic
Lagoon
Treatment Plant
Natural Gas
Oil
Hydro
Propane
Cable TV
Garbage Pickup
Street Lights
Paved Streets
Gravel Streets
UG Telephone
UG Electrical
Well Water
Laundry
Fire Hydrants

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