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, Seller Financing, New Loan, Assumable Loan
  • Cap Rate: 10.0%
  • Listing ID: 701034
  • Posted On: Aug 30, 2016
  • Updated On: Oct 11, 2017

Description

Owner Financing Now Available with 30% down. This high income mobile home park is located just outside of Fayetteville, NC in Cumberland County. The park is conveniently located less than 5 minutes from Interstate 95,;10 minutes from downtown Fayetteville and close to ort Bragg military base. There are 46 lots and 42 mobile homes. 21 of the units have a waterfront view. A 2 bedroom,2 bath home is also included with a private lot and water front view.

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

Park Information

Community Type: All Age
Number of MH Lots: 46
Total Occupancy: 95.0 %
Year Built: 1971
Average MH Lot Rent: $417
Size: 11 acre(s)

Financial Information (Actual)

Gross Income: $199,899
Operating Expense: $50,372
Net Operating Income: $149,527
Expense Ratio: 25.2 %

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 37
Average Rent for Park-owned Homes: $417

Similar Mobile Home Parks for Sale