Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 641753
- Posted On: Mar 5, 2016
- Updated On: Aug 18, 2016
Description
Great Investment -Nice quiet 20 pad mobile home park in Scott City MO approximately 2 miles of I-55. 1 pad rent at $160/month, 18 Park owned mobile homes renting from $275-$500 per month (1-3 bed, 17-2 bed). 1 open pad ready for new rental. Manager on site if wanted, great cash flow -special price if can close by 4/7/16. Offering at $255,000 - possible small amount financed and $20,000 discount if close before 4/7/16
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 20 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $380 |
| Size: | 3 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $56,274 |
| Operating Expense: | $16,583 |
| Net Operating Income: | $39,691 |
| Expense Ratio: | 29.5 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 20 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 18 |
| Average Rent for Park-owned Homes: | $380 |
