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Southridge MH Park 5701 Airport Dr, Fort Nelson, BC, V0C 1R0

Property Detail

Type Mobile Park Status Active Location British Columbia City/Town Fort Nelson Price $2,700,000 Land Base 28.17 acdres acres Cap Rate 5.0% (Park Only) Vacant land is extra. Pads 76 pads (no park owned mobiles) Topography Level Expansion Yes – about 50 more pads on 11 undeveloped acres Age Built (1997) Taxes $ 19,203 (2021) Zoning R1 & R3 (Residential and Manufactured Home Park) Vacancy 31 Pad Rents $356 to 419/month (plus $15/mo. sewer charge) Gross Income $207,943 (2021) Net Income $114,238 (2021) Financing Buyer must secure his own new financing.

Property Description

Mobile Homes:
The South Ridge Mobile home park is a park built approximately in the year 1997. It lies within the city limits and only 5 minutes from city hall and few kilometers from the local airport. Direct flights are available from Vancouver to Fort Nelson with Central Mountain Air.

Services:
The services are all city sewer and water with cable, gas, telephone and street lighting with paved streets. Recently all the roads were repaired and resurfaced with used airport runway asphalt. Sewer & Water are paid by the park owner while hydro is billed to the tenants. The mobile home parks in Fort Nelson are billed quarterly based on the number of occupied pads. Each pad is billed at the residential rate for water and sewer.

Expansion:
The park currently has 76 completed sites with only a few vacancies. This portion is on about 17 acres with an additional 11 acres adjoining and ready for expansion of about 66+/- more pads.

Rents:
Rents range from $356 to $419/month plus $15/month sewer charge which is retained by the owner. Annual increases as per BC allowable rent increases. All the mobiles are owned by the tenants. There are no park owned mobiles.

Zoning:
R1 & R3 (Residential and Manufactured Home Park)

Equipment:
None. Everything is contracted out. 

Management:
Management is in place.

New Business

  • CANADIAN PIPELINE OPERATOR Enbridge announced Friday plans to spend $5.5 billion in B.C. expanding natural gas pipelines.

  • Fort Nelson First Nation partnering to build $1.2B hydrogen facility

 

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