Photo of Multi Family Housing
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Community
Photo of Multi Family Housing
Photo of Mobile Home Park
Photo of Manufactured Home Community
Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.0%
- Listing ID: 995436
- Posted On: Oct 4, 2018
- Updated On: Apr 23, 2019
Description
Troy Mobile Home Park and Laundromat + Single Family Home, and shops. City Water & Sewer. Permitted for 15 Mobile Spaces, Laundry, and a studio apartment. Effective onsite manager who desires to remain. Lot rent is $200, 4 park owned homes rent from 350-650. Tenants are direct billed for water. Laundry has nice coin operated Maytag Laundry equipment, but some units are in need of repair. Reported demand for full time RV spaces, and affordable rentals or homes in the area. Most other parks are full. Subject park used to be full, but the owner moved out of state and is motivated to sell.
Please contact Trevor Madden for information on other Montana Mobile Home Parks not on Mobile Home Park Store.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 60.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $200 |
| Size: | 3 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $40 |
| Operating Expense: | $20 |
| Net Operating Income: | $20 |
| Expense Ratio: | 50.0 % |
| Debt Info: | New Financing, Possible owner financing with large down. |
Lot Information
| Singlewide Lots: | 15 |
RV Information
| Number of RV Lots: | 15 |
| Average RV Lot Rent: | $200 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $475 |