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Cherryville Estates MH Park


Address: 59 North Fork Rd Cherryville BC V0E 2G3with
Site: 22.63 acres+/-
Topography: 2 Levels (Hwy Level & Lower Cherry Creek Lever)
Pads: 25 pads
Expansion: Yes (mayber 10+)
Residence: No
Services: Septic, shallow well, telephone, hydro, propane, gravel roads, garbage pickup. New water treatment plant. Elementary school & store just minutes away.
Age: Built in 1976
Taxes: $2,180 - (2009)
Zoning: MHP-1 (Mobile Home Park)
Vacancy None - 0 Vacancy
Pad Rents: $225/mo
Gross Income: $63,500 - (2009)
Net Income: $45,805 - (2009)
Cap Rate: 6.7% - Current Income
Price: $685,000
Financing: Buyer to arrange new financing.

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