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: New Loan
  • Listing ID: 717982
  • Posted On: Nov 1, 2016
  • Updated On: Sep 7, 2017

Description

Winter Heaven is a 27 Space Adult / Community Mobile Home and RV park located 2 miles from New Mexico's larges lake and Golf Country Club and just across for the Rio Grande River, The park is fenced and has a small dog park and walkway, the park has all city utilities and each space is metered for power and the park pays for the water,sewer and trash. the yearly property taxes on the park are $700.00 a year. there is 27 spaces total with 4 park owned homes and 10 RV spaces the park stays 95 percent full at all times. there is a newly built 50'x50' metal storage / Equipment building that could be built out with an office, this park is in excellent condition and manicured with a tremendous upside in rent and occupancy,

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

Park Information

Number of MH Lots: 27
Total Occupancy: 95.0 %
Year Built: 1980
Average MH Lot Rent: $165
Size: 3 acre(s)

Financial Information

Gross Income: $50,400
Operating Expense: $6,000
Net Operating Income: $44,400
Expense Ratio: 11.9 %

Lot Information

Singlewide Lots: 17

RV Information

Number of RV Lots: 10
Average RV Lot Rent: $150

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $450