Parksville MH Park 1247 Arbutus Rd., Parksville, B.C., V9P 1R3
Property Detail
Type
Mobile Park Status
Sold Location
British Columbia
City/Town
Parksville
Price
$2,000,000
Land Base
10 acres
Cap Rate
8.4%
Pads
72
Topography
Level
Expansion
Possible 5 more units once connected to city sewer
Residence
none but on site manager
Age
20+ years
Taxes
1998 - $19,500
Zoning
RS-1N (non-conforming) OCP designated "Resort Area Single Family Residential"
Vacancy
Fully occupied. Zero Vacancy
Pad Rents
$255/mo/pad. Last rent increase Jan. 1998.
Gross Income
$222,320.
Net Income
$167,192
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
