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LodgePole MH Park


Address: 9555 Hwy 43, Sparwood, B.C.
Site: 14.36 Acres
Topography: Rolling
Pads: 39 pads (all single wide) plus one house
Expansion: Yes but must remove from ALR
Residence: House rented at 750/mo
Services: Septic and well water(50 gpm). Gravel roads, street lights.
Age: 40 +/- years
Taxes: 2004 - $10,143 (includes property taxes on land and 12 park owned mobiles.)
Zoning: Mobile Home Park - still in ALR
Occupancy: 28 occupied (5 vacant mobiles & 6 vacant pads at August/05)
Pad Rents: $184/mo/pad. (includes water, sewer, garbage, mgmt)
Gross Income: $94,176 – 2004 (includes rent from 12 park owned mobiles)
Net Income: $50,727 - 2004
Cap Rate: n/a
Price: $800,000
Financing: Buyer to arrange new financing.

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