Mobile Home Park Details

  • Listing ID: 123042
  • Posted On: Mar 14, 2012
  • Updated On: Mar 24, 2013

Description

80 unit mobile home park in Umatilla. 74 individual-owned homes, 3 park-owned homes. Low operating expenses. Owner indicates potential rent increase could be easily implemented. City water, sewer, and trash are individually metered and managed by City of Umatilla. Electric is individually metered by SECO Power Co. Owner consider financing with $500,000 down. Second mortgage of $650,000 may be assumable to a qualified buyer. Owner will consider staying on as a manager for new owner during transition. Parcel #: 141826000400007201 is included in sale.

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Park Information

Community Type: All Age
Number of MH Lots: 80
Total Occupancy: 92.0 %
Average MH Lot Rent: $270
Size: 10 acre(s)

Financial Information

Operating Expense: $50
Net Operating Income: $243

Utility Information

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

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