28-Space Mobile Home Park in Jackson, WY


Mobile Home Park Location

Jackson, WY

Contact

John Hurd
www.johnhurd.com
361-949-3273
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Photos

Summary

Mobile Home Park for Sale
Sale Price: $1,718,000
Cap Rate: 7.0%
Number of MH Lots: 28
Size: 5 acre(s)
Status : Active
Property ID : 13253
Posted on : Jun 02, 2010
Updated on : Aug 24, 2010

Property Description

5 acres on the Snake river, 28 space park that has not had a vacancy in over 15 years. Very hard to find park just south of downtown Jackson WY, The lot rents could go to $650 with no problem at all. A few years ago I was talking to a banker in Jackson, she told me she just did a loan on a 1974 14x48 in that park for $115,000, we can't even give them away in Texas or Montana much less get a mortgage on one. So email me for numbers and pictures, I know it's not the best cap in the world but there's a ton of upside and a seller that know how to make a deal work, feel free to call me as well. www.johnhurd.com ,


Location Description

South Side Jackson Hole, Wyoming

Park Information

Number of MH Lots:28
Total Occupancy:100.0%
Year Built:1970
Average MH Lot Rent: $455
Size:5.0 acre(s)

Park-owned Homes

Average Rent for Park-owned Homes: $1,400
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