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

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.6%
  • Listing ID: 486124
  • Posted On: Nov 25, 2014
  • Updated On: Apr 22, 2015

Description

IF YOU ARE LOOKING FOR A TURN KEY PASSIVE INVESTMENT THIS PROPERTY IS FOR YOU!!!

This 55+ community is comprised of 8 full time residents that pay $260.00 per month, 57 tenants that pay either $2,020.00 annually or $2,145.00 annually; there are 13 seasonal RV sites which rates are $29.00 per night, $150.00 per week & $440.00 per month. The owner recently black topped all of the streets. A new block wall was erected on the west and north sides of the park. The pool was recently refurbished and the clubhouse and laundry buildings have just been painted. To secure the property the owner has placed metal gates at all entrances. The park is NOT water metered for an immediate upside. The owners plan is to eliminate the cable or pass the expense thru to the tenant. He is also investigating the installation of WI FI.

The ownership currently has two other parks in the Yuma area. Both properties are 55+ communities, one of which is a 40 site park and the other an RV Community of 77 sites for a total of 196 sites. They would like to sell all three as a package but will consider selling each one individually.

Amenities

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 78
Size: 4 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Similar Mobile Home Parks for Sale