Mobile Home Park Details

  • Listing ID: 3994313
  • Posted On: Nov 15, 2023
  • Updated On: Apr 3, 2024

Description

Investors!!! Take a look at this! A Turnkey mobile home party that sits on just under 2 acres and has 25 units (seller owns 9) Tenant pays electric, public water & sewer; Owner pays for mowing & rash removal. Please do not disturb the tenants and there will be no interior showings until there is a contract in place. This is a well established and thriving business. Don't miss out on this amazing opportunity!

Location

PawPaw, WV

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Park Information

Number of MH Lots: 25
Total Occupancy: 100.0 %
Year Built: 1987
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $115,000
Operating Expense: $11,000
Net Operating Income: $104,000
Expense Ratio: 9.6 %

Lot Information

Singlewide Lots: 25

RV Information

Number of RV Lots: 16
Average RV Lot Rent: $300

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $575

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