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
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.0%
  • Listing ID: 887035
  • Posted On: Dec 17, 2017
  • Updated On: Apr 9, 2018

Description

Canton's Valley View Mobile Home Park is an 18 lot mobile home community located in downtown Canton Missouri. This urban location is across the street from a city park and offers an investor a stable community, as all lots are rented and all homes have recently been painted and upgraded. Seller is planning to keep the existing homes and continue to pay $150/month for lot leases with the buyer (and/or is amenable to a sale of the existing 15 homes for an additional fee). This park includes a common building that houses the electrical system and has room for self-storage. 18 lots at $150/month. The homes rent for an additional $225-250 per month. Tenants pay all utilities. City streets and utilities.

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 18
Total Occupancy: 94.0 %
Average MH Lot Rent: $150
Size: 0 acre(s)

Financial Information (Actual)

Gross Income: $32,400
Operating Expense: $4,828
Net Operating Income: $21,363
Expense Ratio: 14.9 %

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: 0
Average Rent for Park-owned Homes: $250

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