Panorama Terrace MH Park 803 Hodgson Road, Williams Lake, BC, V2G 3R2
Property Detail
Type
Mobile Park Status
Sold Location
British Columbia
City/Town
Williams Lake
Price
$1,500,000
Land Base
16.17 acres
Cap Rate
7.8% Current - 9.4% after rent increases
Pads
71 pads
Topography
Terraced
Expansion
Yes
Residence
Yes, 12'x56' fully renovated mobile home with porch.
Age
30+ yrs
Taxes
$6,915 (2009)
Zoning
MH1 (Mobile Home Park)
Vacancy
3 Vacancies
Pad Rents
$256/mo - New rents of $275/mo effective Nov. 1, 2010
Gross Income
$204,460 - 2010
Net Income
$117,605 - 2010
Financing
Buyer to arrange new financing.
Property Description
THIS PROPERTY HAS BEEN SOLD
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
