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Sproat Lake Mobile Home Park 10325 Lakeshore Road, Port Alberni, BC

Property Detail

Type Mobile Park Status Accepted Offer, Active Location British ColumbiaVan Island City/Town Port Alberni Price $5,250,000 Land Base 21.25 acres acres Cap Rate 4.8% Pads 92 pads plus 38 lake front moorage slips Topography Slightly Sloping Expansion No Residence No (office & shop) Age Built (1986) Taxes $ 20,071 (2025) Zoning RMH (Mobile Home) & C8 (Campground Commercial) Vacancy Zero (0) Pad Rents $366/month to $452/month plus $600/season boat moorage slips Gross Income $447,975 (2025) Stabilized by Appraiser Net Income $251,762 (2025) Financing Buyer to arrange his own new financing.

Property Description

Presenting Sproat Lake Mobile Estates, a premier 92-pad mobile home park situated directly on beautiful Sproat Lake. All the homes are ‘tenant owned’ with no ‘park owned’ in this offering. This turnkey investment features zero vacancy and stable cash flow, enhanced by additional income streams including 38 seasonal boat slips ($600/season) and 4 seasonal seadoo slips ($300/season).

This offering is a 92-pad fully serviced mobile home park. In practical real-estate terms, the key features are:

  • 92 mobile home pads
  • Fully serviced with underground:
    • Water (from Sproat Lake)
    • Sewer (treatment plant)
    • Electrical (70–100 amps)
    • Telephone
    • Cablevision
  • Asphalt-paved driveways on most pad
  • Level home sites
  • Mature landscaping with various shrubs and trees
  • Individual pad metering
  • Multiple hydro/electrical buildings throughout the park
  • Intermittent street lighting
  • Tenant-maintained landscaping
  • Mailbox building near the main office

Lakefront Marina

The marina consists of:

  • Two main floats
  • Multiple finger docks extending from each float
  • A newer float and fingers replaced in 2008
  • The owner is currently updating the older float
  • A combination of:
    • Wood framing
    • Wood logs
    • Encapsulated plastic/Styrofoam floats
  • The marina is anchored using wood pilings

Positive factors

The marina potentially provides an additional revenue stream beyond the mobile home pads, particularly if boat slips are rented to park residents.

The 2008 replacement of the newer float and fingers is also relevant. It suggests that at least part of the marina infrastructure has already undergone major renewal.

The ongoing updating of the older float could further improve the marina’s condition and extend its useful life.

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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Useful Links

  • Mobile Home Park Owners Association
  • MHP Tenancy Act
  • Manufactured Housing Association of BC

Contact Info

 #360 - 3033 Immel St, Abbotsford, BC, Canada V2S 6S2
 1-604-302-3771
 hjesse@mobileparks.com
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