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Deblyn MH Park 473 Corina Avenue, Princeton, BC V0X 1W0

Property Detail

Type Mobile Park Status Sold Location British Columbia City/Town Princeton Price $2,500,000 Land Base 9.98 acres Cap Rate 5.0% Pads 72 pads Topography Level Expansion Yes, 8 more pads Residence None Age 39 years Taxes $16,435 (2016) Zoning RSM – Mobile Home Park Vacancy 4 (as of August 1, 2017) Pad Rents Average $270/month Gross Income $220,086 (2016) Net Income $124,745 (2016) Financing Buyer to arrange his own new financing

Property Description

Location

The subject property is appropriately located at 473 Corina Avenue in the Town of Princeton. The mobile home park has, over the years, been developed for the current density use and it is a simple and functional layout. There is a single paved interior road with mobile homes on each side of the road within the park. Access to the bays is good and there is visitor parking available that is used as snow storage in the winter if required. There is no real recreational area within the park with the exception of the area proposed for expansion. However there is an elementary school and playground adjacent to the park. If the expansion of the park was made available an additional road design would be constructed but this would not interfere with of the park.

 

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
 1-888-251-2822
 hjesse@mobileparks.com
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