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McLeese Lake MH Park


Address: 1561 KITSUL RD WILLIAMS LAKE BC V2G 4Y8
Site: 24.91 acres+/-
Topography: Level
Pads: 59 pads
Expansion: Yes (mobile pads or RV pads)
Residence: Yes (1871 s.f. plus & full basement valued at $100,000)
Services: Well, Septic, Oil, Propane, Hydro, Garbage PU. Paved streets
Age: 30 years +
Taxes: $2,962 - (2008)
Zoning: MHP-1 (Mobile Home Park)
Vacancy 36 Vacancy
Pad Rents: $165 to $225/mo
Gross Income: $48,840- (2009 Projection)
Net Income: $17,400- (2009 Projection)
Cap Rate: 3.9% (Including 1439 s.f. house)
Price: $450,000
Financing: Buyer to arrange new financing.

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