Call 210 492-2095

Say that you are are calling about a mobile home park on MobileHomeParkStore.com

Address is 1642 Dromedary Dr. Harrisonburg, VA 22801

Charles Jones

GRASSY CREEK, LC

or, Send a Message:

Message:

Grassy Creek LC

trailer park for Sale in Harrisonburg, Virginia

1642 Dromedary Dr.
Harrisonburg, VA 22801

View on Map
 

Mobile Home Park for Sale

Number of MH Lots: 223
Size: 63 acre(s)
Cap Rate: 8.0%
Purchase Method: Cash
Status: Sold
Property ID: 69693
Posted on: May 19, 2011
Updated on: Sep 19, 2011

Property Description

GRASSY CREEK IS A SPACIOUS 63 ACRE FACILITY WITH 223 SPACES. PRESENT RENT IS $ 325.00/MONTH. CITY WATER AND SEWER IS AVAILABLE AND IS BILLED THRU THE PARK.

THE SURROUNDING AREA IS DEVELOPING RAPIDLY EITH A NEW REGIONAL HOSPITAL WITHIN 1 MILE.

THE ASKING PRICE IS FROM AN APPRAISAL DATED APRIL 1, 2011.

Copy Link Below to view slideshow

https://cid-e3739ea3d3b745fb.photos.live.com/play.aspx/pictures%20of%20park?Bsrc=Photomail&Bpub=SDX.Photos

Park Information

Number of MH Lots:223
Total Occupancy:96.0%
Year Built:1990
Average MH Lot Rent: $325
Size:63.0 acre(s)

Financial Information (Actual)

Gross Income$940,000
Operating Expense$356,093
Net Operating Income$584,852
Expense Ratio 37.9%
Debt Info

Lot Information

Singlewide Lots:38
Doublewide Lots:185

Utility Information

Water:City
Water Paid By: Tenant - Submetered
Sewer:City