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Article - Why Buy a Mobile Home Park?

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Mobile Home Park &  Apartments For Sale in Mississippi

East Acres Mobile Home Park
4121 Bienville Boulevard
 Ocean Springs, MS 39564
County: Jackson

Type of Property: Multifamily- Mobile Home Community & Apartments
Spaces: 42 Mobile Home Spaces & 3 Apartments
Lot Size: 5.50 Acres
Price: $1,400,000
Price/Space: $31,111.11
Year Built: 1975
Cap Rate: 8.00%


Property Description:  Excellent, well-maintained Mobile Home Park in a great location right off Highway 90. Extra clean park on 5.5 acres with 45 spaces total, 42 mobile home spaces and 3 apartments, and it is on city water and sewer. 100% occupied with long term tenants that pay their own utilities. Onsite manager. Tremendous profits!


Location Description:  Right off highway 90, in Ocean Springs, MS
 
Net Operating Income: 
Year: 2006
Effective Gross Income: $158,528
Total Expenses: $45,743
Net Operating Income: $112,785

Highlights:
 
• Extra Clean, Well-Maintained, & on City Water and Sewer • Great Location—Right off Highway 90
 
• 42 Mobile Home Spaces and 3 Apartments • 100% Occupied with Long-Term Tenants who Pay Own Utilities
 
• Onsite Manager • Tremendous Profits!

Click Here To View Property

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Contact Information:

California Commercial Real Estate Broker

Robert Merchant, Broker/Owner
CCI Real Estate
654 N. Yosemite Ave., Suite C
Oakdale CA 95361
Office: (209) 845-3860
Cell:  (209) 996-4075


For More Information On This Property,
 Please Call The Phone # Above or
Submit The Form Below To Send An Email.


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Last Revised: November 23, 2007

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