A mobile home community in Alberta has sold for $5.7 million, JLL Canada tells Western Investor.
Penhold Estates is a 17.42-acre property in central Alberta with 121 mobile home pads. The community is in proximity to Hawkridge Market Square, local Tavern & Liquor Store and the Regional Multiplex. Penhold Estates presents a rare opportunity to acquire a proven income generating mobile home park. The property was listed by JLL for $5.9 million.
The property is located at 1 Penhold Estates, Alberta.
Breakdown:
Price: $5,700,000
Lot Size: 17.42 acres
Property Type: Multi-family
Date of Sale: 10/19/2017
City: Penhold
Province: Alberta
Name of Brokerage: JLL Canada
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