Helena campground
Helena campground
Helena campground

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 12.0%
  • Listing ID: 12915
  • Posted On: Jun 2, 2010
  • Updated On: Jan 4, 2018

Description

Nice park in Helena, Was the Helena Campground KOA been converted into mobile home spaces. John Hurd property management handles the management. There's a dozen ways to add more income to this property.
We would like to keep the management on this property as well.

There are several local banks in the area that will do the financing on this park. We're already doing the management of this park, so it would be a very easy take over. Call me for more info.

Amenities

  • Laundromat
  • Storage
  • Pool
  • Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 106
Total Occupancy: 100.0 %
Year Built: 1978
Average MH Lot Rent: $240
Size: 20 acre(s)

Financial Information (Actual)

Gross Income: $276,000
Operating Expense: $97,440
Net Operating Income: $168,400
Expense Ratio: 35.3 %

RV Information

Number of RV Lots: 54
Average RV Lot Rent: $300

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic