Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 4221108
- Posted On: Dec 28, 2023
- Updated On: Mar 27, 2024
Description
15 park owned mobile homes most manufactured in the 1990's. 6 units have new metal roofs, 6 have new HVAC less than 2 years old. Park is served by 2 paved streets. Garbage service and city water is provided. Park is 100% occupied mostly with long term rentals by contract.
Location
Park located less than 1 mile from North Wilkesboro city limits in Wilkes County, North Carolina, population. 68,000
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1997 |
| Average MH Lot Rent: | $600 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $108,000 |
| Operating Expense: | $28,000 |
| Net Operating Income: | $80,000 |
| Expense Ratio: | 25.9 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 15 |
| Average Rent for Park-owned Homes: | $600 |
