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, Seller Financing, New Loan
  • Cap Rate: 12.0%
  • Listing ID: 1014350
  • Posted On: Dec 9, 2018
  • Updated On: Apr 18, 2019

Description

3 mobile homes on 2 acres outside city limits, ALWAYS rented! Room in the back for other things, like storage or whatever you can think of! Great school district, county water, aerobic septic systems, separate water meters for each unit. All three recent rehab, #2 has new HVAC, new bathroom, #1 has new water heater and all new kitchen and bathroom new metal roof, # 3 rehab and new bathroom!
Would consider owner finance with large down Rents are, 725, 625, 695

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

Park Information

Community Type: All Age
Number of MH Lots: 3
Total Occupancy: 100.0 %
Average MH Lot Rent: $675
Size: 2 acre(s)

Financial Information

Gross Income: $24,000
Operating Expense: $2,000
Net Operating Income: $20,000
Expense Ratio: 8.3 %

Lot Information

Singlewide Lots: 3

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $675