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7100 Highview Rd 101 Unit Mobile Home Park $6,800,000 CAD ($67,327 CAD/Unit) 5.72% Cap Rate Port Hardy, BC V0N 2P0
Executive Summary
The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Highview Estates Mobile Home Park (the “Property”). Situated in Port Hardy, Highview Estates offers investors a rare opportunity to acquire a large-scale, fully stabilized manufactured housing community in a supply-constrained Northern Vancouver Island market. With historically near-zero vacancy, tenant-owned improvements, and structured operational management, the Property provides immediate, durable cash flow. In addition to its stabilized income profile, the Property is well positioned to benefit from emerging regional economic catalysts, including the advancement of the North Island Copper-Gold Project, which is expected to drive employment growth and increase housing demand across the region. The mobile home park is well-maintained featuring recent improvements, including newly paved roads. The property also includes an onsite workshop and a storage facility that provides supplementary income.
Property Facts
| Price | $6,800,000 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $67,327 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 18.60 AC |
| Cap Rate | 5.72% | No. Stories | 1 |
| No. Units | 101 | Year Built | 2000 |
| Property Type | Multifamily |
| Price | $6,800,000 CAD |
| Price Per Unit | $67,327 CAD |
| Sale Type | Investment |
| Cap Rate | 5.72% |
| No. Units | 101 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 18.60 AC |
| No. Stories | 1 |
| Year Built | 2000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 101 | - | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
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7100 Highview Rd
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