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Horseshoe MH Park


Address: 13913 Fraser Highway, Surrey, BC, V3T 4E7
Site: 2.98 acres
Topography: Level
Pads: 18 Pads - Plus 2 houses - Plus 6 RV sites
Expansion: No
Residence: 2 Houses plus 4 park owned mobiles included
Services: Full city services water, sewer, cable, gas, garbage pickup. Street lights
Age: 30+
Taxes: $12,686 – (2003)
Zoning: RF (single family residential) (redevelopment potential)
Vacancy: 1
Pad Rents: $437/mo
Gross Income: $ 152,280 (2002)
Net Income: $102,551 (2002)
Cap Rate: 7.4%
Price: $1,387,000
Financing: Seller will carry 1'st mortgage of 70% of the purchase price OAC.

 

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