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South Ridge MH Park


Address: 5701 Airport Dr, Fort Nelson, BC
Site: 28 +/- acres
Topography: Level
Pads: 75 Pads
Expansion: Yes - about 50 more pads on 11 undeveloped acres
Residence: None
Services: City Sewer & Water, UG services, Cable, Gas, Telephone, Street lights, Playground.
Age: Built in 2000 +/-
Taxes: $21,610 - (2008)
Zoning: MH-1 Mobile Home Park
Vacancy 1 as of April, 2008
Pad Rents: $287/mo - $325/mo (2007)
Gross Income: $254,760- (July 31, 2008)
Net Income: $161,084 - (July 31, 2008)
Cap Rate: 7.5%
Price: $2,150,000
Financing: Buyer to arrange new financing.

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