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Lilies Lake MH Park


Address: 12793 Madeira Park, (Pender Harbour) Sunshine Coast, BC
Legal: Blk 84, DL 1023, Plan 7238 PID# 010-688-048
Site: 3.27 acres
Topography: 2 Levels. 5 pads upper level & 10 along lake
Pads: 15 (2 park owned units)
Expansion: No
Residence: No
Services: Cable, Propane, Septic, Hydro, Partial paved streets, city water
Age: 25+ years
Taxes: 1998 - $4436
Zoning: RM3 Mobile Home Park
Occupancy: 3 vacancies
Pad Rents: 255/mo
Gross Income: 41,815
Net Income: 30,065
Cap Rate: 9.1%
Price: $329,000 (assets)
Financing: 221,000 assumable @ 7.9% until March 2003

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