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MyHome MH Park Corner of 55th Ave & 55 St , St Paul, Alberta

Property Detail

Type Mobile Park Status Active Location Alberta Price 1,050,000 Land Base 3.95 acres acres Cap Rate 6.9% Pads 20 Topography Level Expansion No Age Built in 1990 Taxes $14,690 (2023) Zoning RMH1– Mobile Home Park Vacancy 3 Pad Rents $375-$450/month Gross Income $90,900 (2024) Net Income $72,643 (2024) Financing Seller will carry up to 50% financing on a 5 year term

Property Description

Listed with:
Victor Moroz
Royal Lepage Noralta Real Estate
Spruce Grove, Alberta
Cell: 780-499-6400
Email: victor@royallepage.ca

Click HERE for the full brochure:

MyHome Mobile Home park is a turnkey operation in a quiet town in St Paul, AB. It consisted of 20 pads and it may be possible to eventually survey and subdivide them into 20 individual single family lots. Lots in that area sell in the range of $60,000 each.

Currently the park has 3 vacancies.

All the mobiles are owned by the tenants.

Pad rents are at $375 – /4450/month and an increase is due anytime.

The current owners have owned the park for the past 5 years and are looking to retire.

The streets are curbed and paved with street lighting.

All the services provided by the city such as water and sewer.

The tenants pay their own utilities including water & sewer, hydro, gas, cable, etc.

Each pad has a 120 amp electrical service to accommodate new mobile homes.

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