Mobile Home Park Details

  • Purchase Method: New Loan
  • Listing ID: 105495
  • Posted On: Sep 14, 2011
  • Updated On: Feb 23, 2012

Description

For sale is an 11 space mobile home park. The property is zoned for 14 lots. I have owned this park for about 8 years and it is easy to manage. All tenants pay $175 montly lot rent and it would be easy to raise it to $200. All lots in the area average $225. Currently there are 9 lots occupied with 2 lots recently vacated but ready to rent and one home that was just vacated. Until January 2012 the park had an outdated sewer pump station that I had to maintain. Currently, the lift station was replaced and taken over by the city at a cost of approximately $70,000. This was a nuisance expense that no longer exists. I am firm on this price as it sits. Now that the sewer situation is resolved this is an extremely easy property to manage from afar. I have never had trouble collecting rent and they actually mail it to a po box monthly. For more info please call Steve at 859-333-7713. I am completely firm on the price and if you don't have the financial means to pursue please don't waste either of our time. Thanks for your time.

Location

Terrace View Mobile Home Park , Williamstown, KY

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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 82.0 %
Year Built: 0
Average MH Lot Rent: $175

Lot Information

Singlewide Lots: 11

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City