Multi Family For Sale

7738 Hemlock

Mission, British Columbia

$2,388,000
Basic Details
Status: Sold
Property Type: Multi Family
Listing Type: For Sale
Commercial Building Type: Mobile Home Park
MLS #: 1130
Price: $2,388,000
Lot Area - Acres: 27.57
Property Description
  • 27.57 acre trout farm & RV park (6.34% cap rate)
  • 2,500 sq.ft. home - 1,600 sq.ft. clubhouse - 200 s
  • 5,200 sq.ft. hatchery building - 2,376 sq.ft. wor
  • Campground - 50 serviced sites, 15 non-serviced si
  • Campground - 50 serviced sites, 15 non-serviced si

LOCATION
Sun Valley Trout Park is the oldest trout farm in BC. Located 1 Hour and 15 min drive from Vancouver, ideally set in the Sun Valley and successfully operating as a family-oriented U-Fish, camping resort, with the added income benefit of full time tenants.

FUTURE OPPORTUNITIES
This multifaceted property has room for both business and facility expansion. Potential expansion options include additional campsites, increased hatchery production, off site fish sales, organic certification and farming alternate fish species.
Currently operating with 200,000+ fry and 15,000 adult trouts (grow outs), the hatchery has a capacity of 50,000 grow outs, with increased demand for fresh and organic food products, there is ample opportunity to begin off-site sales at local farmers markets, restaurants, hotels, and other commercial venues. Certification for organic fish, as well as expansion into other species should be given serious consideration.
Campground expansion and boardroom upgrades could service existing demand for corporate and family retreats for the Greater Vancouver and Fraser Valley populations.

Additional Information
7738
Hemlock
Canada, British Columbia, Mission
RU-1
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2008
$1,800
$191,693
$40,316
$151,377
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Neighbourhood
For More Details
Eugen Klein

"NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy."