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Riverside MH Park


Address: Yellow Head Hwy # 16, Houston, BC, V2L 4L7
Site: 40 acres
Topography: Level
Pads: 63 mobile pads - 50 RV sites - 20 Unit motel - 50 seat Restaurant
Expansion: Yes, 27 more sites are possible. (Total of 90 pads)
Residence: No
Services: Septic, Well, Hydro, Telephone
Age: 30+ Years
Taxes: $3,347 (2007) Park & Motel
Zoning: C2 (Motel & Restaurant) and R7 (MH Park)
Vacancy 55 Vacancies
Pad Rents: $180/mo Area rents average $200/mo
Gross Income: $19,848 (2007)
Net Income: $1,941 (2007)
Cap Rate: 0.4%
Price: $450,000
Financing: Must arrange new financing

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