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Address is 225 W. 200 North Huntington, UT 84528

Cindy Crosman

Cambridge Real Estate Group of St. George

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Huntington Mobile Estates

Land Lease Community for Sale in Huntington, Utah

225 W. 200 North
Huntington, UT 84528

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Sale Price: $795,000
 

Contact Information

Cindy Crosman
Cambridge Real Estate Group of St. George

Mobile Home Park for Sale

Number of MH Lots: 37
Size: 5.1 acre(s)
Cap Rate: 8.8%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 20060
Posted on: Mar 08, 2011
Updated on: Mar 08, 2011
Price: $795,000

Property Description

37 space mobile home park with 8 park owned units, 27 space rentals, 2 vacant spaces, one laundry building and storage area. Approximately 8.8% cap rate. Great cash flow property. Sales portfolio available for review. Information deemed reliable but not guaranteed. Square footage varies per unit.

Location Description

Directions - On Highway 10 in Huntington travel west on 200 North. Park is at the corner of 200 North and 200 West.

Park Information

Number of MH Lots:37
Total Occupancy:95.0%
Year Built:0
Average MH Lot Rent: $169
Size:5.1 acre(s)

Financial Information (Actual)

Gross Income$103,380
Operating Expense$33,244
Net Operating Income$70,136
Expense Ratio 32.2%
Debt InfoNot assumable

Lot Information

Singlewide Lots:37

Utility Information

Water:City
Water Paid By: Park
Sewer:City

Park-Owned Homes

Number of Park-owned Homes:8
Average Rent for Park-owned Homes: $507

Amenities and Other

Laundromat: Yes
Storage: Yes