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Sunset Village MH Park


Address: 851 OLD N THOMPSON HWY BC
Site: 17.68 Acres +/-
Topography: Gently sloping
Pads: 20 Pads
Expansion: Yes 20+ pads on 4 to 5 acres all with views.
Residence: (1562 s.f. 3 Bdrm Log Home w. deck and garage) (Plus 1997 & 1999 mobile homes)
Services: 3 Septic tanks, UV treated community creek water, cable TV, electric, gravel roads.
Age: Park built in 1976 - Log home built in 2003
Taxes: $2,828 - (2009)
Zoning: MH1 (Mobile Home Park)
Vacancy 1 Vacancy
Pad Rents: $235/mo/pad - $243/mo effective Oct. 1, 2010
Gross Income: $50,760 - (2009)
Net Income: $41,312 - (2009)
Cap Rate: 7.2% (not including value of log home residence)
Price: $999,000
Financing: Buyer must arrange new financing. Seller will not carry any financing.

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