Shady Acres Mobile Home Park


Address: 12842 Old Hope Rd, Fort St John, BC, V0C 1H0
Site: 38.67 Acres
Topography: Level
Pads: 90 pads plus 32'x64' Quonset Shop
Expansion: Yes
Residence: Yes, includes one park owned mobile (rented $800/mo)
Services: Sewer by lagoon then pumped to Community Sewage, Well water, gas, hydro
Age: 30+ years
Taxes: $7,866 - (2008)
Zoning: Mobile Home Park
Occupancy: 0 Vacancies
Pad Rents: $285/mo average
Gross Income: $312,228 - (2008 Projection)
Net Income: $213,628 - (2008 Projection)
Cap Rate: 8.5%
Price: $2,500,000
Financing: Buyer must arrange his own new financing