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Squamish manufactured home park sells for $3M

Property sits in developing Northyards area
39768-government-road-squamish
Three Rivers Mobile Home Court, Squamish, sold for more than $3 million on July 3.

DEAL | The 30-pad Three Rivers Mobile Home Court at 39768 Government Rd., Squamish, sold for just over $3 million on July 3. Originally developed in 1958, the park occupies 3.1 acres and is assessed at nearly $2.9 million. The sale price was below the list price of $3.8 million. Situated in Squamish’s developing Northyards neighbourhood, Three Rivers is one of six manufactured home communities in Squamish. The district provides water and sewer services, limiting ongoing capital expenses, while minimal common green areas ensure low monthly maintenance costs.

PRICE | $3,050,000

FROM | Steve Fame and Dan Chatfield, Paradigm Group