Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 993027
- Posted On: Sep 26, 2018
- Updated On: Nov 21, 2019
Description
80 MH Spaces ~ 40% Occupied. 49 Total Vacancies. 6 Park-Owned Homes + 1 Abandoned Tenant-Owned Home; only 3 POH are Occupied. Lot Rent is $130; POH Rent is ~$325. All-Ages community over 7.3 acres + additional 6.6 acres of vacant land (expandable) totals 13.92 acres!
Onsite Managers are provided housing & utilities in the frame house and $450.00 per month for grounds keeping. Lot rent has not been increased for two years; owners are just now raising rent on Park Owned as they become occupied with new tenants. Owners have sold most of the park-owned homes on contract and evicted all non-paying tenants; park is a good community and trouble-free!
Water/Sewer, Electric & Trash are all serviced privately and included in the rent - Bill-Back Upside!
Seller Will Consider Financing with Reasonable Terms.
Listed By: JDS Real Estate Services, INC.
Location
El Dorado Springs is a self-contained, self-supporting, bedroom community approximately 100 miles south of Kansas City, Missouri. The city maintains a aggressive approach to Economic Development opportunities, involving not only bringing new companies and businesses to town, but also helping existing businesses expand. In fact, just over eighty percent (80%) of all new jobs come from expansion of existing businesses! The City also has the ability to issue special bond financing with tax benefits.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 80 |
| Total Occupancy: | 40.0 % |
| Year Built: | 1950 |
| Average MH Lot Rent: | $130 |
| Size: | 7 acre(s) |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $325 |