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Omenica MH Park 457 Vamderview Dr, Vanderhoof, BC

Property Detail

Status Active Location British Columbia Price $1,500,000 Land Base 5.0 acres Cap Rate 4.3 Pads 36 Topography Level Expansion No Residence No Age 40+ years Taxes 8569 (2021) Zoning MHP Vacancy 2 Pad Rents 315 average Gross Income $138,428 (2022) Net Income $64, 044 (2022) Financing Buyer to arrange his own new financing

Property Description

The Park Description:
The Omenica Mobile Home Park is located at 457 Vanderview Drive, Vanderhoof, BC and 1 hour 10 minutes west of Prince George.  The park sits on 5.0 acres and consists of 36 pads. Currently 34 pads are occupied with 2 being vacant. All the mobiles are tenant owned and no park owned homes are included or located in this park. The 2 vacant pads can easily be occupied as there is strong interest for pads in the Vanderhoof area. Any new rents would be $350/month.

Rents:
Rents are collected by posted dated checks, e-transfer.

Water: provided from Manwaring-Northside water services from their own well for all of northside of Vanderhoof. Water reports are provided twice a year and posted on their website.
https://northsidewater.myruralwater.com/annual-water-reports

Sewer. Provided by city services

Electrical: electric to a 100-amp service – work was done and all electric boxes and poles were replaced and upgraded at our expense in 2018 by Phillips Electric

Heating: Either natural gas or electric depending on the mobile home services

Garbage: is pickup up by the city

Management: Currently done by an onsite tenant. She receives free rent in exchange for management services. Looks after all general duties. She prefers to stay on after a sale.

Equipment:  Included are two used riding lawn mowers.

Local Economy:
https://www.westerninvestor.com/british-columbia/vanderhoof-shares-in-bc-mining-potential-3832957

Seven new mines could be built in B.C. in the coming years – an investment worth $4 billion that would generate 6,400 new construction and mining jobs.

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