What is the estimated life span of a treatment plant that is being maintained.
I’m trying to figure out how much Capitol needs to be set aside for a new plant or just budget for repairs as they come
Originally I thought I should stay away from Waste treatment plants at all cost but it seems that if you factor in the necessary repairs and capital expenditures into the equation before you buy, you might be OK.
I’m looking at a park built in the 60s set up with 100 pads and about 50% vacancy.
Five or six years ago they were allocating approximately 40,000 a year plus approximately 15,000 a year for utilities directly related to the WWTP now however, the utilities is still approximately 15k but the WWTP is up to 90k.
They don’t have any onsite management or systems.
I believe it is public water. Park pays all.