Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Land: This is land for developing a mobile home park
- Property ID: 1036102
- Posted On: Feb 22, 2019
- Updated On: Nov 27, 2019
Property Description
32 Campground Lots with 11 Campers.7 Storage Units. Picnic Pavilion area. Wash/Dryer Facility. General Store. Bath House soon. Current revenue $10,000/month and potential over $12,000/month. Great Location with opportunities to create additional revenue with expansion and rental increase. Good Website and on-site Management. Local job opportunities and vacation travel route make this a great opportunity!
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 32 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1990 |
| Average MH Lot Rent: | $350 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income | $9,000 |
| Operating Expense | $2,500 |
| Net Operating Income | $6,500 |
| Expense Ratio | 27.8 % |
| Debt Info | none |
Lot Information
| Singlewide Lots: | 1 |
| Doublewide Lots: | 1 |
| Park Model Lots: | 30 |
RV Information
| Number of RV Lots: | 32 |
| Average RV Lot Rent: | $350 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $600 |
