Mobile Home Park For Sale
Mobile Home Park For Sale
Mobile Home Community For Sale
Mobile Home Community For Sale
Mobile Home Park For Sale
Mobile Home Community For Sale

Mobile Home Park Details

  • Cap Rate: 7.5%
  • Listing ID: 13050
  • Posted On: Jun 2, 2010
  • Updated On: Oct 19, 2010

Description

Red Mountain Mobile Home and RV Community 4373 State Highway 18, Fairfax, OK. 74637 Money Making Investment With
Local Property Management In Place. This is a great income property With A Hugh Growth Potential ! There is a Great demand for low income housing in The Area. The Park is Currently Generating $2295.00 Gross Income per month.. No Restrictions to Add on To This Park ! The Park Can Immediately Increase The Monthly Income By Bringing In More Rentable Mobiles or RVS and or Offer A Storage Facility For Boats, RVS ETC... Red Mountain Mobile Home and RV Park Fairfax, Oklahoma Is A
Beautiful Combination 12 Acre ParkThis Beautiful Combination Park Offers 3 Lots a 3 Bedroom 1.5 Bath House 37 Mobile Home Spaces, and 6 RV Spaces , with 10 Park Owned Mobiles, 6 currently rented. Also there are 4 tenant owned mobiles currently occupied. Each Pad has it's own full Utility's Which are ALL Paid for By Tenant, Excellent Potential Additional Amenity Income such as Opening Your Own Little Park Market or Laundry Facility Combo in The Cute Store Front Building ! You May Also Offer Storage and Overnight RV Rentals all For an Additional Income... The Red Mountain Mobile Home Park sits in a Beautiful and Peaceful Country Setting and Has Much to Offer for any Investor. The Town of Fairfax has no Apartments and very few Rentals. The Only Motel burnt down being struck by lightning in 2009 and the town is in need of Rentals, both long term and
nightly/weekly. NOTE: RV's can be put into the Park and
Rented as Nightly/ Weekends, or Weekly basis. An Excellent Overnight additional business. Near Schools, Shopping, Nursing Home, and Walking Distance to Hospital. NOTE: One of our 3 Parcels sits at the top of the hill by the Hospital in a Lovely spot where there is already a foundation and utilities ready to build a home or place a New Large Mobile Home. This Parcel Overlooks the Park, has it's own street access, and the Hospital May be
interested in purchasing this land since it conjoins their property, The Hospital Has Recently Been Approved For New Upgrades and Construction...The Park Is Located Within A Large Tourist Zone Being Just Minutes from Multi-Millionaire's Ted Turner's Wildlife Buffalo Reserve, This Reserve Has Been Visited From People Around The World !!! Located in Osage County, Fairfax has it's own local Lake, and is surrounded by several More beautiful lakes and the Arkansas River, recreational areas Include: boating, fishing, water skiing, camping, Waterpark etc.
Only 20 minutes from the Area's Largest Employer.Sale Also Includes A Large Metal Storage and 8 Small utility buildings. Park right now is bringing in an Excellent Income, with 27 More Spaces ready to rent as Lots or add your own Mobile Homes to Rent.
The 3 Bedroom 1 & 1/2 bath House Offers A Utility Room,
attached Single Car Garage and Patio area. Large Living room, Central Heat & Air. The Home currently rents for $395.00 per month. Note: Previously a Firehouse, a Wall was removed to make it a larger two bedroom but can be put back up and made back into a 3 bedroom. The Home Has a Storm Shelter which is accessible to entire Park. Park-Owned Homes Income: House $395.00/month, 4 Mobile Homes-$250.00/month, 3 Mobile Homes-$300.00/month Additional Park owned 4 fixer upper Mobiles not yet ready to rent.Spaces Available for Rent: 25 Lots-65x130 and 8 lots 40x130 of which 4 are rented at $75.00/month. Also 1 single lot in front with 2 RV hookups and 4 RV hookups on back lots of Property. 6 RV hookups, 4 in back and 2 in the front of Property with all utilities. Note: The Front Hookups can be used for the addition of a Storefront Building if desired to put a little
Store, Coffee/Snack Shop, On site Laundromat etc.Has a Huge covered Pole Barn for storage.Park has Lighted Streets at night
Lots of room to setup a Monthly Storage Business if desired
for RV's, Boats, Campers etc. Asking $195,000 , Submit Your Reasonable Offer !Seller Motivated ! Lets Make A Deal. ! Contact Don Cone 760-927-2042 Terry Cone 918-967-8393 Leave Message

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Park Information

Community Type: All Age
Number of MH Lots: 37
Total Occupancy: 50.0 %
Year Built: 1970
Average MH Lot Rent: $125
Size: 12 acre(s)

RV Information

Number of RV Lots: 6
Average RV Lot Rent: $125

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0