Espanola MH Park 2300 Lee Valley Rd, Espanola, Ontario P5E 1N3
Type Mobile Park Status Sold Location Ontario City/Town Espanola Price $1,600,000 Land Base 16.6 acres Cap Rate 8.1% Pads 59 pads + one commercial lot Topography Level Expansion 4 +/- ac are undeveloped. Some vacant land is available next door. Residence No Age 46 yrs Taxes $13,114 (2013) Zoning RT (Mobile Home Park) and RT-1 and RMH Vacancy 0 Vacancies Pad Rents $245/mo. (average) Gross Income $251,718 - (2014) Net Income $130,373 (2014) Financing Seller will carry a first mortgage with 50% down.
THIS PROPERTY HAS BEEN SOLD
City Water & Sewer