Contact Information

Andria Strittmatter
Mhp 360

Mobile Home Park Details

  • Price: $3,325,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.2%
  • Listing ID: 775415
  • Posted On: Jan 3, 2017
  • Updated On: Aug 17, 2022

Description

NEW ON THE MARKET! 118 Developed Home Sites! All-Age Community which has 88% Resident-Owned Homes! Economic Occupancy is 86% and Physical Occupancy is 95%!

This park is considered to be the nicest park in the Area and happens to be located in the county seat. There is expansion ground for an additional 80+ home sites.

Snow plowing and streetlights are provided by the City; and, the Water, Sewer and Trash are billed direct to the resident.

Community Features: Off-street parking, streetlights, concrete roads, underground utilities.

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

Park Information

Community Type: All Age
Number of MH Lots: 118
Total Occupancy: 86.0 %
Average MH Lot Rent: $257

Lot Information

Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 25
Average Rent for Park-owned Homes: $226

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