Lac la hache MHP;same address; 650K; 12 cap rate????

Manufactured Home Park

4101 McKinley Rd, Lac La Hache, BC V0K1T0

• Price:
  $650,000 CAD
• No. Spaces:
  99
• Price/Space:
  $6,565.66 CAD
• Property Type:
  Multifamily
• Property Sub-type:
  Mobile Home/ RV Community
• Property Use Type:
  Investment
• Construction Status:
  Under Construction/ Proposed
• Cap Rate:
  12.20%
• Lot Size:
  17.80 AC
• Find Out More...

Last Verified 11/4/2010 Listing ID 16818273

Highlights

• Services in and ready to be extended beyond Phase 1

Description

17.8 Acre Phased manufactured home park overlooking beautiful Lac la Hache. Planned and zoned for 99 pads. The first phase (15 pads) is fully serviced and virtually ready to occupy. Full municipal services (water and sewer) with hydro and natural gas hookups to each pad. All roadways are hard packed gravel ready for top coat. Planned for5 phases the utilities and services are easily extended for the expansion.

In BC's Cariboo reagion a short distance away from the 108 Mile ranch development, and overlooking Lac la Hache. Water acces is nearby and this will make a profitable long term investment.

Financial Summary

• Actual
• Net Operating Income
  $79,300 CAD