Business For Sale · Specialty

9700 & 9800 18th Street, Dawson Creek

9700 & 9800 18th Street, Dawson Creek, BC V1G5A4

$2.2M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

97%

Year Built

1980

Lot Size

5.93 ac

About this property

The Pioneer Cove Mobile Home Park consists of 38 pads of which 34 are currently occupied. An additional 11 vacant pads can still be populated with new mobiles. This is a turnkey operation with management in place and living on site. The park has full city services with water, sewer, hydro and garbage pickup. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.18M
Down payment30% · $654K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$138K

Annual cash flow

$17K

Cash-on-cash

2.60%

DSCR

1.14

Going-in cap

6.32%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

98,671

Households

36,155

Median income

$97,000

Median age

31.8

Daytime population

138,085

5-yr growth

6.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 9700 & 9800 18th Street, Dawson Creek.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.