Lower Mainland Office
#216 20353 64th Ave, Langley, BC | OKANAGAN OFFICE #106 460 Doyle Ave Kelowna, BC V1Y 0C2
Property Details
Investor Alert! Excellent opportunity to purchase Sicamous Creek Mobile Home Park, a beautifully maintained 7.85 acre park in Sicamous BC. Currently this park has 27 pads, including 1 park owned unit, with the immediate potential to increase the park size by 4, maybe 5 pads (site survey for 4 pads available). Sicamous Creek MHP is connected to Hydro, Municipal water and sewage, has paved roads and 7 steel street lights with underground wiring installed in 2005. The lift pump was replaced in the fall of 2015, which transfers liquid waste from west side of creek to the sewer connected holding tanks on east side of the creek. Services upgraded to 100 Amp service for new model trailers. Creek bed was dredged in 2007 to accommodate additional spring run off. Fully enclosed compound on north west corner of property with 8’ high chain-link fence, including a Pump house with fresh water well (operational). The park is approximately 40 years old, has 0 vacancy currently and has a solid history of quality owners who consistently invested into park updates and yearly maintenance. Current annual gross income is $104,520 with potential to add minimum 4 pads which would bring in an extra $16,080 annual gross income. Current caretaker has free pad rental and is paid $20 / hr. They collect rent and maintain the park (watering, lawn cutting, etc.)
** Do not bother the residents **
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience. Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Explore the neighbourhood and location, as well as the amenities near this listing ..