Summer Chase Mobile Home Community - for Sale in Wetumpka, Alabama

Hwy 231 North
Wetumpka, AL 36092 View on Map

Sale Price: $1,300,000
Summer Chase Mobile Home Park
Summer Chase Mobile Home Park

Seller Information

Michael Hodges
Hodges Commercial Real Estate

Mobile Home Park for Sale

Number of MH Lots: 9
Cap Rate: 11.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 12454
Posted on: Jun 02, 2010
Updated on: Oct 19, 2010
Price: $1,300,000

Property Description

Nice, clean, mobile home park. Asphalt streets, 100 % leased, 40 storage units about 50% leased.

Park Information

Number of MH Lots:9
Total Occupancy:100.0%
Year Built:1998
Average MH Lot Rent: $135

Park-Owned Homes

Number of Park-owned Homes:25
Average Rent for Park-owned Homes: $550