Mission Mobile Home Park 34519 Lougheed Hwy, Mission, BC V2V 6N7
Property Detail
Property Description
Location & Description:
Mission Mobile Home Park is in Mission BC about 1hr 15 minutes east of Vancouver BC. It consists of 22 mobile home pads, 1 two level house, 1 cabin and 1 shop on 3.2 acres.
Park Owned Homes:
There are 6 park-owned mobile homes included in this offering. MH Registry # available.
See Rent Roll on following pages. Most homes sell in the $40K – $100K range depending on size and renovation updates.
Revenue:
All mobiles, house, shop and cabin are fully rented year-round. Years 2017-2019 had some vacancies in the park owned homes during renovations. Twelve (12) months of revenue were lost. Now all homes are fully rented with renters waiting in line.
Rent Collection:
Rent is collected by 12 posted dated cheques. Only 3 are cash but be changed to posted dated.
Expansion and Subdivision:
Park is fully expanded. This location has Hwy frontage with southern views and could eventually be ideal for sloping hillside condos overlooking the Fraser River and towards Mt. Baker. To be confirmed by visit to Mission City Hall.
Management:
Owner is self-managing the park and will retire after the sale. New management must be arranged.
Services:
Municipal Water. Sewer is by 8 septic tanks. Municipal Sewer is available at the street.
Hydro was all newly replaced throughout the park for 2016-2020 at a cost of $200,000. Garbage pickup is provided by the park. Rot Pots are provided by Mission Municipality.
Mission City Hall website: https://www.mission.ca/
Mission City Web Map: https://map.mission.ca/Html5Viewer/?Viewer=External
