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Hillside Mobile Home Park 706 Dog Creek Rd, Williams Lake, BC V2G 3G3

Property Detail

Type Mobile Park Status Sold Location British Columbia City/Town Williams Lake Price $999,000 Land Base 3.7 acres acres Cap Rate 5.8% Pads 15 Pad plus 3-bedroom house and 1 Duplex Topography Level Expansion Possibly. Once city services are available. Residence 3-bedroom house and 1 Duplex Age 32 years + Taxes $5,008 (2020) Zoning R-4 (MHP) Vacancy Zero (0) Pad Rents $300/month Gross Income $84.348 (2020) Net Income $58.112 (2020) Financing Buyer to arrange his own new financing

Property Description

The Hillside Mobile Home Park is located at 706 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.

Rents are collected by posted dated checks, e-transfer and a few by cash.

Cash flow & occupancy history

  • 2020 House (40 yrs.+) rented $1200 a month.
  • Two-bedroom duplex (40 yrs.+) rent $750 a month.
  • One-bedroom duplex rent $650 a month.

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 25 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 in place

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
 1-604-302-3771
 hjesse@mobileparks.com
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