Property Address: 2670 Sooke River Rd, Sooke, BC, V9Z0Y2
Average square foot calculated using Size range provided by listing agent.
Description
Opportunity to purchase Sherwood Estates, a 6.8 acre property with 25 mobile home pads situated a short 5 minute drive from downtown Sooke. This incredible property runs alongside both Sooke River and the Galloping Goose Regional Trail, and is easily accessed by Sooke River Road via Highway 14. Originally developed in 1974, the property has undergone considerable upgrades in the last two years to assorted services and infrastructure, inclusive of a new sewer treatment field, new power poles and lines, new electrical sheds and system upgrade, as well as street front fencing and more. Sherwood Estates offers a unique opportunity to benefit from strong and escalating rents with a sewer levy that is added annually to the rent in addition to provincial increases. A rent escalation schedule is available for buyers review. Zoned MHP with the OCP designation of Rural Residential, this is a great opportunity to invest in one of the fastest growing communities in the Province.Show Description