GIS image
GIS image
Entry Drive
Entry Drive
View down road
View down road
Front field
Front field
Close-up of trailers
Close-up of trailers
Google view
Google view
Photo of Mobile Home Park
Photo of Mobile Home Park
GIS image
Entry Drive
View down road
Front field
Close-up of trailers
Google view
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 13.0%
  • Listing ID: 408554
  • Posted On: Oct 10, 2013
  • Updated On: Oct 16, 2014

Description

Small, established, 100% leased park for sale in Como, MS. Take advantage of this opportunity to own your own park. Ready for new owner to step in and take over this fully leased, 17 units mobile home park. All tenants pay separate utilities. Owner is responsible for taxes, water, garbage and repairs. Rents are from $400 - $475/month. Rent roll, map of property and length of all tenants attached. Units can all be turned over to tenants for 100% tenant-owned homes.

Potential for additional units, too.

Call for information or a showing.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 100.0 %
Year Built: 1975
Average MH Lot Rent: $450
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $89,700
Operating Expense: $13,812
Net Operating Income: $75,888
Expense Ratio: 15.4 %

Lot Information

Doublewide Lots: 17

RV Information

Number of RV Lots: 17
Average RV Lot Rent: $450

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 17
Average Rent for Park-owned Homes: $450