Mobile Home Park Details

  • Cap Rate: 12.0%
  • Listing ID: 12723
  • Posted On: Jun 2, 2010
  • Updated On: Sep 2, 2014

Description

Park is 36 units; owner owns 31 units others pay monthly lot rent on space. Park is 9.01 acres with community water and septic tanks. Utilities surround property for any future expansion of park. Park backs up to commercial/industrial Park for potential rezoning. Well system is 4 years old with a 700'deep well. Park also features paved private roads and street lighting that is censored to day and night. Park brings in monthly revenue of $14,800.00 and can be increased with vacant lots rented. Parks yearly expenses are $31,196.00 which includes (Insurance, trash pick up, stickers for units, property taxes, utilities, street lights, water testing by Water Company, and maintenance).

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 36
Size: 9 acre(s)

Similar Mobile Home Parks for Sale