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Big Star MH Park 5760 Falkland Rd, Falkland, BC, V0E 1W0

Property Detail

Type Mobile Park Status Sold Location British ColumbiaFalkland BC Price $389,900 Land Base 1.11 acres acres Cap Rate 4.40% Pads 8 plus small house Topography Level Expansion None Residence Small 1 bdrm & 1 bath house (rented) Age n/a Taxes $2123 Zoning Mobile Home Park Vacancy None Pad Rents $247 - $255/month Gross Income $30,468 (2018) Net Income $16,939 (2018) Financing Buyer to arrange his own new financing

Property Description

Big Star has been a family owned park for 16 years since 2002. This is an estate sale.

The park sits on 1.114 acres of level land and rarely has a vacancy. It has 8 mobile home parks and one small house. Currently there is one vacant pad complete with hookups next to the small 850+/- sq.ft. house. However, vacant pad will be occupied as of April 1,2019 (or as soon as the snow is gone and movers can move the unit into place). House has 1 bedroom and 1 bathroom with full unfinished basement.

Large Shop and lots of room for extra parking.

Management in place and paid $2400 per year.

City water and natural gas. Septic for sewage. Garbage is by private contract. All septic lines have recently been blown and cleaned and one tank was replaced in 2018.

The park is located 30 minutes north of Vernon and 50 minutes south east of Kamloops.

This area is governed by the Columbia Shuswap Regional District: https://www.csrd.bc.ca/

 

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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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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