For Sale · Specialty

6598 Larch Road, Wasa

6598 Larch Road, Wasa, BC V0B2K0

$799,900 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Year Built

1968

Lot Size

1.7 ac

About this property

Your own mobile home park plus a house in Downtown Wasa - just steps from the lake. This property is a jewel in the rough, with 7 mobile home pads and you own 4 of the mobiles homes with a income of approximately $61,212 per year and yearly expenses of approximately $3,600 all on 1.7 acres. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$61K

Annual cash flow

$17K

Cash-on-cash

6.92%

DSCR

1.37

Going-in cap

7.62%

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

98,572

Households

43,137

Median income

$85,000

Median age

44.5

Daytime population

167,221

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 6598 Larch Road, Wasa.

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.