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Ball & South Mobile Home Park


Address: 114 - 6th. Ave E, Oyen AB, T0J 2J0
Site: 5.99 +/- Acres
Topography: Level
Pads: 54 pads (mobiles homes & semi permanent RV's)
Expansion: No
Residence: None
Services: City Sewer and water. Cable, telephone, natural gas, street lights and electric.
Age: 25+ years
Taxes: 2009 - $4,300 (both parks)
Zoning: MHP
Occupancy: 10 Vacancy
Pad Rents: Ball @$300/mo South Park@ $300/mo RV's @ $300 (incl sewer, water & garbage pu)
Gross Income: $125,799 - (2009) Projections for 2010 are $180,000
Net Income: $98,-097 - (2009) Projections for 2010 are $145,615
Cap Rate: 10.3% Projection for 2010 is 15.33%
Price: $950,000
Financing: Buyer to arrange his own new financing

 

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