CURRENT PARK LISTINGS OVER $1,000,000 CDN

up to $500,000 | $500,000 - $1,000,000

PRINCE GEORGE: $1,950,000 CDN

Gross: $298,500 Expenses: $100,620 Net: $197,880

SUNRISE VALLEY MANUFACTURED HOME PARK: Prince George, a bustling city of 80,000 is the geographical centre of British Columbia. www.city.pg.bc.ca Highway 97 is the north/south Highway and Highway 16, the Yellowhead route stretches west to east from Prince Rupert on the coast to Manitoba. The park is on 9.41 acres and located on the south-west side of town and only 5-7 minutes to downtown. The park has 114 pads, 1 suite/office, 3 owned mobiles and boasts 400 feet of Fraser River frontage. The land is flat, fenced and should be considered in fair to good condition visually. Electrical is underground and over $300,000 has been spent in the last three years completely upgrading the electrical to 100 amp service. The park is on City sewer and has two-deep water wells for tenant use. The park is fully paved including driveways and all pavements are in good condition.
The Provincial Government recently sold BC rail to CN rail for almost 1 billion and $500,000,000 of the funds is to be spread from Prince George to Prince Rupert over the next few years. CN rail announced Prince George has been declared its northern division office. Prince Rupert is expanding its grain and lumber terminals and this will resonate positively all the way back to Prince George. Canfor just bought out Slocan Forest Products and now produces 5.2 billion feet of lumber per year while the total for BC is only 8 billion feet. Now that CN can ship direct from Prince George to Chicago and points between travel time is cut by over one day and Prince Rupert is closer to the Orient. Realtors in Prince George tell me that there is a noticeable increase in economic activity and in particular the increase in housing sales and the abundance of new housing.
Currently the park has 14 vacancies and since the owner acts as the park manager an allowance of $25,000 has been added into the above stated expenses to hire a manager. 

Thank you for your interest in this park. It has now sold for $1,680,000.

PRINCE GEORGE: $3,400,000 CDN

Gross: $501,499   Expenses: $187,457   Net: $314,042

CALEDONIA MANUFACTURED HOME PARK: View the Sunrise Valley Manufactured Home Park above for information on Prince George. The Caledonia Park is on 28.42 acres on the north west side of Prince George, about a 10 minute drive to downtown. The land is basically flat but slightly rises in the rear row. The park should be considered in very good condition The park is lightly treed with good lawns, big pads and tenant landscaping shows pride. There is a very profitable 1600 SF convenience store on the property and it is the only convenience store in a five-mile radius. There is a potential that a beer and wine store could be added. The list price includes 167 pads, 9 park owned mobiles, a large professionally built shop, the convenience store (inventory extra-about $35,000), a front end loader, ride on mowers and tools.
Electrical is underground, water is by two drilled wells and a 28,000 imperial gallon reservoir. The aquifer that supplies this park is one of the two aquifers that Prince George uses and their pump house is a block away. Sewer is by 38 septic tanks and the soil base is primarily gravel to a depth of well over 30 feet providing excellent drainage. 
  Currently the owner manages the park. An allowance of $36,000 has been added in the above expenses for a manager needed for an absentee owner.

Thank you for your interest in this park. It has now sold for $3,307,000.

CAMPBELL RIVER: $1,780,000 CDN

QUINSAM HEIGHTS MANUFACTURED HOME PARK: Campbell River, population 30,000 is approximately two hours north of Nanaimo on Vancouver Island. Quinsam Heights is on the north-west side of town and 3-4 minutes to downtown.  www.district.campbellriver.bc.ca This 70 pad and one park owned mobile sits on 13.92 acres. The land rises up from Quinsam Road then is level to the rear of the park. There are also three park accesses from a side road. The park is in fair to good condition visually and all the pads are of a good size. The park was repaved in 2000 and most pads have paved double driveways. Electrical is underground, 100amp and a lot of money was spent in 2001 upgrading all the meter houses. On city water and the sewer was connected in 1977 and all lines were upgraded then. About one-third of the property is unused, treed and could be logged off and the park expanded.
The owner has acted as manager and $12,000 has been added to the above expenses if the buyer should be an absentee owner. There are five vacant pads still to rent for additional income. The owner is prepared to offer 75% financing to the right buyer at a favorable rate and terms. This suggests the seller has confidence in the park and its services.

Thank you for your interest in this park. It has now sold for $1,680,000.

COMOX: $2,475,000 CDN

Gross: $ 251,528   Expenses: $ 47,130   Net: $ 204,710

FALCON MANUFACTURED HOME PARK: Located in the Regional District of Comox-Strathcona, population 100,000 www.rdcs.bc.ca and close to the Comox/Courtenay airport. This park of 73 pads is on 15.80 acres and currently all the land is being used. The land is flat and the park is in excellent condition with well laid out pads and roads with two entrances off Ryan Road. Some sections are in trees and the balance cleared. In 1994 fifteen pads were added and these pads have curbs, gutters and storm sewer. The park is totally paved and most pads have paved double driveways. There is a children’s playground and an enclosed RV storage area. Electrical is underground and is 100amp. There are streetlights throughout the park. Water is by the Regional District and sewer is by an Advantex treatment plant. It has been suggested that sewer will be placed along the park frontage in the next few years and if this happens then the large septic field behind the fifteen pads that were added in 1994 could be converted to 15 additional pads. The owner is prepared to offer a mortgage of 75% at favorable terms and rate to a qualified buyer.

Thank you for your interest in this park. It has now sold for $2,433,000.

COURTENAY: $1,275,000 CDN

Gross: $ 141,012   Expenses: $ 33,373   Net: $ 107,639

ARDEN MANUFACTURED HOME PARK: Courtenay, a city of 20,000 is located a one-hour drive north of Nanaimo on Vancouver Island. www.city.courtenay.bc.ca This 44 pad and one cottage park is on a 5.12 acre corner property with two street entrances. Located on the north-west side of town and one-quarter mile to downtown The park is in top condition and tenant landscaping is fair to good showing a reasonable amount of tenant pride. The park is paved including driveways, is on city water, sewer and storm sewer. Electrical is 100amp to the pads and there are street lights throughout the park. There is an on-site manager who wishes to stay. Two pads are still to rent. The owner will consider a 75% mortgage at favorable terms and rate to a qualified purchaser.

Thank you for your interest in this park. It has now sold for $1,225,000.

CAMPBELL RIVER: $3,000,000 CDN

PRADO VERDE MANUFACTURED HOME PARK: One of the 20 highest quality parks on Vancouver Island. On 14 Acres and built like a residential subdivision with large lots, wide streets, curbs, gutters, street lights, storm sewers, quality landscaping (which tenants do). An absentee owner park with good management. Will suit an independent investor, syndicate or pension fund. 90 sites rented plus 2 sites all serviced but never rented.

Thank you for your interest in this park. It is now sold.