Skip to content

Summerland manufactured home park fetches $2.05M

Steady rental income has room to grow
Lakeview Terrace at 11619 Walters Road in Summerland lives up to its name. It sold May 24 for $2.05 million.

DEAL | Lakeview Terrace, a 22-pad manufactured home park overlooking Okanagan Lake at 11619 Walters Road, Summerland, sold May 24 for $2.05 million. Situated on 8.6 acres, the 55-plus park enjoys steady revenue and potential for rent appreciation through attrition. Servicing includes city water and an engineered septic system below the park.

PRICE | $2,050,000

FROM | Bill Summers, Lighthouse Realty Ltd.