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
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
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
  • Cap Rate: 7.8%
  • Listing ID: 800583
  • Posted On: Apr 6, 2017
  • Updated On: Apr 22, 2024

Description

Beautiful Mobile Home Park in Rochester, WA. Nine newer Double Wide Park Owned Mobiles on 5 Level Park Like Acres. Vast Lawns and Open Spaces Among Majestic 80 -90 year old Evergreens. Includes a Three Car Garage with RV Hookup. Just 2 miles to I-5, 20 Minutes to Olympia, Washington the State Capital of Washington. $102,000+ Gross Rent Proforma. $80,000 + Net Proforma. Owner Financing Available on this Awesome Park with 50% Down. The Mobiles are all of the 1990's Vintage. The price has been dropped $260,000 from the $1,250,000 original asking price to Initiate Offers. Don't miss out on this Great Opportunity to own a Profitable Mobile Home Park in Growing Thurston County Washington. Call Dave Hilbert at Real Estate 2000 Corp. 1-800-543-2330 for further information or on his Cell/Text at 425-280-6542.

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Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 100.0 %
Year Built: 1996
Average MH Lot Rent: $900
Size: 5 acre(s)

Financial Information (Pro Forma)

Gross Income: $98
Operating Expense: $21,576
Net Operating Income: $76
Expense Ratio: 22016.3 %
Debt Info: 0

Lot Information

Doublewide Lots: 9
Park Model Lots: 10

RV Information

Number of RV Lots: 1

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $900

Video

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