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Chilcotin Estates Mobile Home Park 997 Chilcotin Hwy 20, Williams Lake, BC V2G 2V2

Property Detail

Type Mobile Park Status Sold Location British Columbia City/Town Williams Lake Price $3,100,000 Land Base 16.77 acres acres Cap Rate 6.5% Pads 69 Topography Slightly sloping Expansion Yes Residence Yes. One double wide 2 level mobile home and one 14' single wide Age Built in 1985 Taxes $15,160 Zoning R5 (Mobile Home Park) Vacancy One as of July 1, 2018 Pad Rents $325/month Gross Income $289,590 Net Income $200,890 Financing Buyer is to arrange his own new financing

Property Description

The Chilcotin Estates mobile home park is situated on 16.77 acres. There are 69 mobiles of which five (5) are double wide and sixty-four (64) are single wide. The mobile homes and improvements are situated on 11.8 acres leaving about 5 acres of treed area for expansion. The general lay is the land is slightly sloping. The roads are paved and in good condition. Each pad has compacted gravel driveway. There is a fenced area for RV storage and vehicles, fully secured with locking gate. One could charge a monthly fee for this to generate additional income. There is a children’s playground with lawn area centrally located. This park has been well cared for in all areas including above ground appeal and underground maintenance. Everything is in working order and excellent condition. There are not major outstanding repair or maintenance issues.

Water System

Water supply is an on-site storage tank with a capacity of 120,000 liters. It is serviced by 5 wells on the property of which one produces 13 gallons/minute and the other 7 gallons/minute. The remaining 3 wells have various volumes of output but gpm is not known. There are 3 – 5 HP pumps that deliver water to each of the homes throughout the park. One of these pumps is a ‘backup’. Water supply is tested monthly to meet government health standards. All reports have passed the required standards. 

Sewage System

Each rental pad has a septic tank and drainage field. Half the tanks are pumped clear every year.

Electrical

Each mobile home is serviced with 100-amp electric power. 

Expansion

Expansion of more pads is possible on a treed area of 5.0+/- acres. However, the buyer is to make his own inquires at the Cariboo Regional District regarding any details.  https://cariboord.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
 1-888-251-2822
 hjesse@mobileparks.com
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