Brentwood MH & RV Park

Brentwood MH & RV Park
Unity, SK
Address: Highway 21, East edge of Town of Unity

Legal: Blk/Par A Plan No 69S23146 Extension 0 Certificate of Title 98MW18139
Site: 19.37 acres +/-
Topography: Level
Pads: 49 mobile pads PLUS 34 RV pads (Total of 83 pads)
Expansion: Yes, services within the park can be increased to 100 lots
Residence: No (includes 5 park-owned homes)
Services: City water & sewer, natural gas, hydro, garbage pickup, gravel roads.
Age: Built in 1975 (44 years)
Zoning: MHP – Mobile Home Park
Taxes: $1,850 (2020)
Type: Family Park
Vacancy: 26 mobile pads (Nov. 15, 2020)
Pad Rents: $350/mo. (Mobiles) and $650/mo. (full-service RV’s)
Last Rent Increase: July 1, 2016
Next Rent Increase: Anytime
Gross Income: $127,000 (2020)
Net income: $ 64,770 (2020)
Cap Rate: 8.6%
Price: $749,000
Financing: Buyer to arrange their own new financing.
Harry Jesse
Toll Free: 1-888-251-2822
Direct Line: 604-302-3771
Fax: 1-888-804-1394
Homelife Glenayre Realty
Email: hjesse@mobileparks.com #360 – 3033 Immel St
Website: www.mobileparks.com Abbotsford, BC V2S 6S2
Although the above information is obtained from sources believed to be reliable, it is not warranted by Homelife Glenayre Realty,
Abbotsford, B.C., or its agents and should not be relied upon without verification.
Unity, SK
2017 2018 2019 2020

Revenue
Home and Lot revenue $136,368 $128,069 $120,775 $119,500
RV Revenue $30,493 $26,440 $30,115 $7,500
Total Revenue $166,861 $154,509 $150,890 $127,000
Expenses
Advertising & Promotions $819 $387 $810 $350
Bad debt $0 $0 $0
Insurance $2,053 $2,117 $2,355 $2,450
Bank charges $1,893 $1,750 $2,694 $2,200
Licenses & Permits $0 $0 $0 $0
Management fees $10,980 $11,745 $11,860 $12,000
Office and Telephone $840 $877 $2,799 $880
Legal and Accounting $3,405 $2,929 $4,850 $3,500
Property Tax $1,716 $2,177 $1,717 $1,850
Repair and Maintenance $21,628 $23,780 $46,649 $15,000
Utilities $25,341 $21,673 $26,368 $24,000
Total Expenses $68,675 $67,435 $100,102 $62,230
Net Operating Income $98,186 $87,074 $50,788 $64,770

Expense Ratio 41% 44% 66% 49%
Lot Rent amount $350 $350 $350 $350
Cap Rate 8.6%
Price: $749,000
Water meters installed at each home August 2016
Unity, SK
The Property:
Brentwood Mobile Home & RV Park is located on the east edge of Unity, Saskatchewan, situated on
19.37 acres. There are 49 mobile home pads and 34 RV pads making a total of 83 rental pads. Five (5)
mobile homes owned by the park are included in this offering. As of November 15, 2020, three (3)
‘park-owned’ homes are rent and two (2) are vacant and for sale or rent. There is profit for each new
home that is placed and sold, thereby improving cash flow.
Site Services:
The park has town water and sewer, underground hydro (electricity), natural gas, Cable TV, garbage /
recycling pickup with street lighting. New water meters were installed to each home in August 2016.
Each tenant is billed directly from the town for water/sewer, garbage and recycling pick up. All other
utilities are billed to the mobile home lot tenant directly from the service provider (i.e.: SaskPower,
SaskEnergy, SaskTel).
Electrical:
Services to each mobile home lot look to be 200 Amp, however buyer should verify with an
electrician. In 2016 and 2017, RV sites were upgraded to 30 Amp or 50 Amp electrical services.
Equipment:
A ride-on John Deere D155 mower with some small handheld tools is included. (see attached picture).
Park manager cuts grass and trims trees through RV season
Covid-19:
COVID-19 has unfortunately affected the RV revenue as it has across the country. The attached RV
Revenue stream chart attached shows how this has been a steady stream of cash year over year except
for 2020. All RV park owners expect this to return to normal once COVID-19 has passed.
Management
Past 5 years managed by retired local bank manager, who lives 2 minutes away from the park.
Economy: see this link: https://townofunity.com/
Town of Unity website: https://townofunity.com/
** The town of Unity is known for hosting tournaments. Just recently (June 14-16, 2019) Brentwood
MH & RV Park had a very successful RV weekend with 132 groups camping with net receipts of
$9,735. This is our highest weekend ever, eclipsing previous year’s record of $8,100
Reason for Selling (from owner)

When we purchased a park there were 17 lots with $0 in RV revenue.
We started filling up the lots one by one by bringing homes in and renovating for rent or sale. This was
very successful as the economy was doing very well with oil and gas. We also realized that there was a
consistent $30,000 of annual revenue to be had through the RV’s so we focused on upgrading to
infrastructure for such services. As the economy has moved up and then down, we have adjusted our
process of bringing homes in. With a full park, we would definitely be looking at a much higher sale
price. The time and energy required to have the park fill up is something that we are not looking to
focus on at this point. “We have really enjoyed the RV campground model and are looking to build a
large park in Alberta.”
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK
Unity, SK

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Brentwood MH & RV Park

Address: Highway 21, East edge of Town of Unity

2017 2018 2019 2020

Total Expenses $68,675 $67,435 $100,102 $62,230

Net Operating Income $98,186 $87,074 $50,788 $64,770

Economy: see this link: https://townofunity.com/

Town of Unity website: https://townofunity.com/

Reason for Selling (from owner)

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