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Hartman Mobile Home Park 101 Elm Street, Valemount, BC V0E 2Z0

Property Detail

Type Mobile Park Status Sold Location British Columbia City/Town Valemount Price $625,000 Land Base 5.7+/- acres Cap Rate 6.5% Pads 30 Topography Level Expansion Large 120’x120’ lot. Also 5 acres parcel adjacent also available Residence None Age Developed in 1981/1982 Taxes $5,384 (2019) Zoning MH-1 (Mobile Home Park) Vacancy 1 Pad Rents $249/month includes water, sewer & garbage Gross Income $82,652 (2019) Net Income $40,676 (2019) Financing Buyer must arrange his own new financing

Property Description

Hartman Mobile Home Park consists of 30 mobile home pads and situated on 5.7 acres and zoned MH-1 for mobile homes. It is still owned by the original developer. The park is in a very convenient location, close to shopping, schools and recreation facilities.

Included with the mobile park is one (1) serviced vacant lot plus a large 120 x 120 lot (former playground) with potential for subdivision or build an office with a carriage house or develop as a mini storage site, etc.  It also has an additional lot that is used for boat and RV storage and overflow parking.

Management:

Currently managed by a professional management company that would prefer to continue on. They look after every aspect of the park as the current owners live some distance away.

It is located in the Village of Valemount and serviced with all the city services. All the mobiles are owned by the tenants so there are no park owned homes. This is a simple ‘turnkey’ operation.

The owner also owns the adjacent 5 acres that are available at a price to be negotiated. It has similar zoning and could be a good opportunity for the same buyer to purchase and begin developing an additional 30+/- pads. The town is open to more affordable housing units and this could be a good option for more residential homes.

Property Features

City Water & Sewer
Septic
Lagoon
Treatment Plant
Natural Gas
Oil
Hydro
Propane
Cable TV
Garbage Pickup
Street Lights
Paved Streets
Gravel Streets
UG Telephone
UG Electrical
Well Water
Laundry
Fire Hydrants

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Contact Agent

Harry Jesse
hjesse@mobileparks.com
1-888-251-2822
1-604-302-3771
Harry Jesse
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Useful Links

  • Mobile Home Park Owners Association
  • MHP Tenancy Act
  • Manufactured Housing Association of BC

Contact Info

 #360 - 3033 Immel St, Abbotsford, BC, Canada V2S 6S2
 1-604-302-3771
 hjesse@mobileparks.com
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