Hillside Mobile Home Park 704 Dog Creek Rd, Williams Lake, BC V2G 3G3
Property Detail
Property Description
The Hillside Mobile Home Park is located at 704 Dog Creek Rd in Williams Lake, BC. It consists of 15 fully occupied mobile home pads and each tenant owns their own mobile. There are no park owned mobiles. There is also a 3-bedroom house fully rented as well as a Duplex with one side having a 1 bedroom and the other side a 2 bedroom. All are fully rented. The lay of the land is mostly level. The street is paved with several street lights.
Current owners have owned this park for 22 years. Has never been on the market during that time.
Rents are collected by posted dated checks, e-transfer and a few by cash.
Cash flow & occupancy history
- 2016 House (40 yrs.+) rented $800 a month. Moved out end of June then was empty July and August cleaning it up and doing some renos. New tenant September 2016 rented out for $1000 a month. Moved out July 2017 empty August. New tenant September 2017 rented out $1200 a month. Still the same tenant now.
- Two-bedroom duplex (40 yrs.+) rent $545 a month moved out December 2016 due to the accident. No rent 2017 on the two-bedroom side.
- One-bedroom duplex rent $575 a month moved out March 2017 due to the accident. Now rented.
Well is a 6” casing(original) and 53’ deep. New ½ HP pump in 2013. Well has never run dry. Hillside Pumps & Water Co. is looks after all well repairs.
Septic tanks are concrete with two sides for grey water and solids. The house its own septic tank. Two drain fields, one 40 years old the other was engineered and installed 24 years ago. All septic tanks were pumped clean in December 2018.
Electrical is 5 mobiles with 60amp and 10 mobiles with 100amp, House and duplex both 100amp. There is a 200amp services for 3 mobiles and a 400amp service for 12 mobiles.
Management is currently done by the owners who live in Williams Lake, but a $3000 allowance has been added to the expenses for a non-resident owner. There are 2 tenants that look after the park when the owner is on vacation that could manage on a part-time/full-time basis.
