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651 Rosedale Road
Ootischenia Castlegar V1N 4L2

$1,791,000
Multi-family built: 1980

Main Photo: 651 Rosedale Road in Castlegar: Multi-family for sale : MLS®# 10367206
Photo 1: 651 Rosedale Road in Castlegar: Multi-family for sale : MLS®# 10367206
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
10367206
Year Built:
1980
Kootenay River Mobile Home Park is a rare 19-pad, fully tenant-owned manufactured home community ideally situated along the Kootenay River in Castlegar, BC. Set on 2.77 acres of flat, scenic waterfront land, the park includes 8 prime riverfront pads and 11 interior sites, each serviced with 100A electrical, a private sewer treatment system, and a reliable well with a 30 gpm pump replaced approximately three years ago. The property has been fully leased for over two decades with long-term tenant ownership, offering exceptional stability and minimal management requirements. With current pad rents below market and potential to add 2-3 additional pads, the park presents secure income with meaningful upside. Its location just three minutes from downtown Castlegar provides excellent access to amenities, BC Transit bus routes (~125 metres from the property line), and key regional employers including Teck Metals, Mercer Celgar, and Selkirk College. The surrounding area continues to experience strong demand for affordable and stable housing, particularly from retirees and young working families, while supply remains limited. With its strong income base, expansion potential, and desirable waterfront setting, 651 Rosedale Road offers investors an attractive combination of stability, low maintenance, and long-term growth potential in the heart of the West Kootenays. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Taxes:
$6,660.24 / -
Community:
Ootischenia
View:
River view
Waterfront:
Waterfront on river
Structure Type:
Multi-Family
Half Bathrooms:
0
Fireplace:
No
Heating:
No heat
Water:
Well
Sewer:
See remarks
Lot Size:
2.77 acre(s)
Lot Details:
2.77
Parking:
Other
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Listed by Royal LePage Kelowna
Data was last updated November 13, 2025 at 02:15 AM (UTC)
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