Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Cap Rate: 13.2%
  • Listing ID: 422104
  • Posted On: Jan 21, 2014
  • Updated On: Apr 23, 2015

Description

Just 20 miles outside of Steamboat Springs, the community of Willow Hill is at the center of Ski Country, USA. This manufactured home community offers 42 mobile home sites, as well as a convenient location and proximity to some of the best ski slopes that the Rockies have to offer. Located in Routt County, Willow Hill is surrounded by hundreds of acres of National Forest, and is close to the Yampa River, as well as many lakes, hot springs and trail systems – a veritable outdoorsman’s paradise.
Due to a high demand for affordable housing with proximity to Steamboat Springs, Willow Hill is an excellent investment opportunity. As of July 2013, the community was at 90% occupancy and each home provided approximately $355 in monthly rent.

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

Park Information

Number of MH Lots: 42
Total Occupancy: 90.0 %
Year Built: 1973
Average MH Lot Rent: $355
Size: 7 acre(s)

Financial Information

Net Operating Income: $137

Lot Information

Singlewide Lots: 42

Park-Owned Homes

Average Rent for Park-owned Homes: $355

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