North Battleford MH Park


Address: 1401 – 114 Street, North Battleford, S9A 3G4
Site: 10.9acres (795' x 524'
Topography: Level
Pads: 60 Pads (49 park owned 11 tenant owned)
Expansion: No
Residence: Garage and office
Services: City sewer & water, cable, garbage, natural gas, telephone, gravel streets
Age: 25+ years
Taxes: 2002 - $4,623(Park only) $43/mo/home collected by owner & remitted to the city.
Zoning: R-5 Mobile Home Park
Vacancy: 5 - 7 Vacancies
Pad Rents: $220/mo
Gross Income: $337,322 (2002)
Net Income: $ 6,851 (2002) See expenses
Cap Rate: 0.5% on Actual
Price: $1,500,000 ( Asset Sale)
Financing: Seller will carry large first mortgage