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

  • Listing ID: 538502
  • Posted On: Jun 2, 2015
  • Updated On: Jul 17, 2015

Description

Mobile Home Park for sale which consists of 41 individual lots that are rented to the owners of mobile homes. The court does not own any of the mobile homes. There are 27 lakeshore lots and 14 lots directly behind the lakeshore lots. The court is full. Seasonal rentals are $4100 for each of the lakeshore lots and $3600 for each of the lots behind. These mobile home lots are configured on 4.55 acres. This 4.55 acre portion of the property is on the lakeward side of a public street which runs through the property which is for sale. Also for sale is approximately 17 acres of undeveloped land across the street from the 4.55 acres. The property is located in the city of Arnolds Park, Iowa.
The leases are seasonal. The season runs from May through the first week or so of October. The mobile home court pays for water service, sanitary sewer service and garbage pickup. Each mobile home owner pays for electric service and is responsible for yard maintenance.

Written offers to purchase may be submitted by mail or in person to Michael J. Chozen at 1003 18th Street, Spirit Lake, Iowa 51360, until 4:00 P.M. CT, on the 10th day of July, 2015.

Mailed offers to purchase should be clearly marked on the outside of the envelope as “Offer to Purchase”. The offers must be submitted on a total dollar basis. Inquiries should be directed to Michael J. Chozen, 1003 18th Street, Spirit Lake, Iowa 51360, PH: (712) 336-8903.

Please see Attached PDF for more information.

Location

The mobile home park property is situated on the northwest shore of Lower Gar Lake, the southern-most lake in the Okoboji chain of lakes in northwest Iowa. It is known as “the Iowa Great Lakes Region”

The property consists of approximately 920 feet of lakeshore on the northwest shore of Lower Gar Lake, and an additional 17 acres, more or less, across the road from the lakeshore property.

The lakeshore property comprises approximately 4.55 acres. The lakeshore property is presently operated as a seasonal mobile home park known as Woodley’s Lakeshore Mobile Home Park.

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

Park Information

Number of MH Lots: 41
Total Occupancy: 100.0 %
Year Built: 1970
Size: 5 acre(s)

Financial Information

Gross Income: $161

Utility Information

Water Paid By: Park