Photo of Mobile Home Park
Photo of Mobile Home Park
Plat
Plat
Median Income
Median Income
Median Rent in Area
Median Rent in Area
Photo of Mobile Home Park
Plat
Median Income
Median Rent in Area

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Land: This is land for developing a mobile home park
  • Cap Rate: 0.0%
  • Listing ID: 414213
  • Posted On: Nov 12, 2013
  • Updated On: May 12, 2014

Description

Parcel ID - 02-12-15-300-003.000-041
55.34 Acres
17 Occupied Lots
16 of 17 homes sold on Contract
Approx. $700,000.00 worth of outstanding contract money to be paid - Will go to buyer.
Zoning - MHP
42 Fully Developed Lots
132 Lots have Storm Water Retention in place
104 Lots have city sewer in place
128 Lots have city water
Lot Rent $225.00 per month
166 Total Lots Platted
1935 Sq. Ft. Brick Office/Club House
Club House Amenities
Large Meeting Room
Private Offices
Restrooms
Play Areas for children
***Email Agent for more information - Agent has all information in easy to share dropbox that can be accessed immediately (licences, drawings, etc.)***

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 166
Total Occupancy: 10.0 %
Year Built: 2001
Average MH Lot Rent: $225
Size: 55 acre(s)

Financial Information (Actual)

Gross Income: $97,944
Operating Expense: $23,796
Net Operating Income: $74,148
Expense Ratio: 24.3 %

RV Information

Number of RV Lots: 0

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 16
Average Rent for Park-owned Homes: $500

Video

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