Broadway Mobile Home Park - for Sale in Burns, Oregon

1312 North Broadway
Burns, OR 97720 View on Map

Sale Price: $680,000
Mobile Home Park For Sale
Mobile Home Park For Sale

Seller Information

Ken Thomas
Ken Thomas Real Estate LLC
www.kenthomasrealestate.com

Mobile Home Park for Sale

Number of MH Lots: 73
Purchase Method: Cash
Status: Active
Property ID: 13065
Posted on: Jun 02, 2010
Updated on: Oct 19, 2010
Price: $680,000

Property Description

This is a nice commercial property in a very good location.
It is not on a major highway, but is still close to downtown. There are meadow.close to this park. There is tremendous potential for a buyer to increase income.Additional spaces can be rented, and some areas could be cleaned up, but youhave room to increase the number of spaces if desired. The city of Burns would
also let you take out the park and convert to lots for residential.Besides beingin a rural setting, the park is on a dead end street which cuts down on traffic.

Location Description

1312 North Broadway and 1318 North Broadway Ave, Burns, OR. The first is tax lot 700, T 23 S, R 31 EWM, section 07 BB. The second parcel is tax lot 200, T 23 S, R 31 EWM, section 07 BA. One parcel is on one side of Broadway, and the other is across the street. This is at the north end of Broadway, north of Triangle Park. It is between highway 395/20 and Foley Drive. These were first established in August, 1965.

Park Information

Number of MH Lots:73
Total Occupancy:58.0%
Year Built:1965
Average MH Lot Rent: $190

RV Information

Number of RV Lots:4
Average RV Lot Rent: $300

Park-Owned Homes

Number of Park-owned Homes:4
Average Rent for Park-owned Homes: $485