Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Listing ID: 1038373
- Posted On: Mar 4, 2019
- Updated On: Jun 9, 2019
Description
Well established mobile home park with an estimated 7.2% cap rate. 13 mobile homes with 2 vacant lots and additional space to create more lots. 4 acres off of a major US Hwy directly across from the Dollar General. 95%-100% occupancy rate at most times. Additional data, rent roll, and expense report available upon request.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2011 |
| Average MH Lot Rent: | $450 |
| Size: | 4 acre(s) |
Lot Information
| Singlewide Lots: | 13 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 13 |
| Average Rent for Park-owned Homes: | $450 |