| Address: | 11367 & 11034 Bye Rd, Hwy # 16, Houston, BC, V2L 4L7 |
| Site: | 40 acres |
| Topography: | Level |
| Pads: | 63 mobile pads - 50 RV sites |
| Expansion: | Yes, 27 more sites are possible. (Total of 90 pads) |
| Residence: | No |
| Services: | Septic, Well, Hydro, Telephone, Fire Protection |
| Age: | 30+ Years |
| Taxes: | Lot 2 (C2 Cml) $1,803 / Lot 3 (R7-MHP) $1,735 for (2010) |
| Zoning: | C2 (Motel & Restaurant) and R7 (MH Park) |
| Vacancy | 53 Vacancies (Dec, 2009) |
| Pad Rents: | $180/mo Area rents average $200/mo |
| Gross Income: | $16,595 (2010) |
| Net Income: | $5,981 (2010) |
| Cap Rate: | 2.0% - Property value not based on cap rate |
| Price: | $299,000 |
| Financing: | Must arrange new financing |
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