Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1034288
- Posted On: Feb 19, 2019
- Updated On: Oct 15, 2019
Description
Opportunity to own a mobile home park in a great location. Property has 10 mobile home sites with separate meters for city utilities- tenants are directly billed and pay their own utility costs. There are 4 tenant owned homes paying $350/month in lot rent. Fema has placed 1 home on 1 of the 10 lots at $400/month lot rent. Property offers a unique opportunity for a buyer to add value. Property is managed by a third party professional management company at a 5% of gross revenue expense.
This park can be purchased as a package with another nearby park known as "Plantation Mobile Home Park".
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 10 |
| Total Occupancy: | 70.0 % |
| Year Built: | 1984 |
| Average MH Lot Rent: | $375 |
| Size: | 1 acre(s) |
Lot Information
| Singlewide Lots: | 10 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |