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Knutsford RV & Campground


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Address: Princeton - Kamloops Hwy
Legal: Legal Subv. 15, Sec 17, Twp 19, Range 17, Meridian 6, Kamloops Div of Yale LD, Except Plan 5325 PID# 012-430-293
Site: 25 acres. Adjoining/additional 5 acres available for $95,000
Topography: Two levels. Front and back at road level with center area approx. 20 feet lower.
Pads: 7 mobile pads, 34 campsites and 65 RV sites. Some with new sewer and power hookup.
Expansion: 10 acres for either mobiles, RV's or campsites.
Residence: Two(2) homes. One is the owners residence the second for a manager or rental
Services: Septic systems. Two large tanks (2,500 and 3000 gal)
Age: Park is about 30 years old but is in excellent repair.
Taxes: 1999 - $6,232
Zoning: Recreation Commercial
Occupancy: Zero vacancy on mobile pads
Pad Rents: 230/mo and next increase is Dec/99 to $250/mo
Cap Rate: 9.5% after owner pays himself wages.
Price: $1,050,000 (Assets)
Financing: Seller may carry 50% on a first mortgage or 20% on a second. More Details

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