Park Boulevard Estates MH Park (45+) 13507 – 81 Ave, Surrey, BC V2V 5W6
Property Detail
Property Description
The Property (Strata Titled)
The Park Boulevard Estates Mobile Home Park is a 45+ minimum age park is in Surrey BC near Bear Creek Park. It was built as a Strata Titled property in 1985 and with 48 individual lots and all have full city services. Over the years 19 lots have been sold to tenants within the park leaving 29 lots remaining and averaging 3,422 sq. ft. Similar size residential lots in Surrey are worth $450,000. Each tenant pays their own monthly strata fees. There have been no unpaid rents since 1988.
Site Services
City services include water, sewer, hydro, garbage pickup, telephone, cable and street lights.
Improvements
The park has installed a beautiful rock and water garden as the central theme and focus. This enhances the parks overall appearance and is a drawing card for those who want a little extra in pride of ownership and as a result are willing to pay slightly higher pad rents than most in the surrounding area. This park never has a vacancy due to its location, appeal and appearance.
Zoning
RM-M (Manufactured Home Residential)
Management
This is the only rental strata-lot manufactured park in BC and requires no manager. Management is done by the local strata council. All concerns of maintenance and all operating costs are taken care of by council and paid for from the monthly strata fees. The owner does not incur any additional costs.
Financing:
The buyer will need to secure their own new financing. The Seller will not consider any Seller financing.
