Baker's Mobile Home and RV Park - for Sale in Batesville, Arkansas

170 T & J Circle Drive
Batesville, AR 72501

Sale Price: $450,000
Photo of Mobile Home Trailer Parks
Photo of Mobile Home Trailer Parks

Seller Information

Chrisie Baker
Baker Company Inc

Mobile Home Park for Sale

Number of MH Lots: 14
Size: 10 acre(s)
Cap Rate: 10.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 114017
Posted on: Jan 27, 2012
Updated on: Jan 27, 2012
Price: $450,000

Property Description

Very clean well maintained mobile home park with Long term Tennants. 15 Mobile spaces. 8 rv spaces. A 3 bed 11/2 bath brick
house with 2 car garage. A 1 bed eff. apartment. All mobile spaces have storage buildings furnished by Park. Mobile home Tenants pay all utilities. RV spaces include water, electric, sewer and basic cable in monthly space rent.

Location Description

South of Batesville AR just off of hwy 167. Short drive to shopping,
hospital and very near the beautiful White River.

Park Information

Number of MH Lots:14
Total Occupancy:100.0%
Year Built:1990
Average MH Lot Rent: $100
Size:10.0 acre(s)

Financial Information (Actual)

Net Operating Income$48
Debt Info

Lot Information

Singlewide Lots:14
Doublewide Lots:0
Triplewide Lots:0
Park Model Lots:0

RV Information

Number of RV Lots:8
Average RV Lot Rent: $290

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes:3
Average Rent for Park-owned Homes: $450