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Riverside MH Park


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: $3,128 (2009) Park & C2
Zoning: C2 (Motel & Restaurant) and R7 (MH Park)
Vacancy 53 Vacancies (Dec, 2009)
Pad Rents: $180/mo Area rents average $200/mo
Gross Income: $16,092 (2008) (2009 will be similar)
Net Income: $-949 (2008) (2009 will be similar)
Cap Rate: 0.0%
Price: $399,000
Financing: Must arrange new financing

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