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Freeport MH Park


Address: 2530/2550 Freeport Rd, Burns Lake, BC, V0J 1E0
Site: 17.87 Acres +/-
Topography: Level but sloping down towards Burns Lake
Pads: 32 pads - Plus 1Rental house
Expansion: Yes 30+ pads
Residence: 1 Rental Home. 2 Park owned mobiles available for additional $66,000
Services: Sewage: ½ lagoon and ½ septic. Well water, gas, electric, mail service
Age: Park 'A' in 1975 and Park 'B' in 1996
Taxes: $3,344 - (2009)
Zoning: R7 (Mobile Home Park)
Vacancy 11 Vacancies
Pad Rents: $200/mo/pad Plus $800/mo for Rental House and shop
Gross Income: $59,605 - (2009 Projection)
Net Income: $44,178 - (2009 Projection)
Cap Rate: 7.4%
Price: $600,000
Financing: Buyer to arrange new financing.

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