Mobile Home Park Details

  • Price:
  • Purchase Method: Cash, New Loan
  • Property ID: 1043045
  • Posted on Mar 16, 2019

Property Description

Located in the heart of Montezuma in central Ga. 30 minutes off 75S just below Macon. 31 lots on city water and city sewer. Everything is billed to the tenant from the city. Presently there are 23 tenants with 22 TOH. Lot rents are far below national average, $50. This is why there is no real income. There is HUGE upside to this deal by bringing in new homes and bring up the lot rents to national average over a two year period. This is area is in need of new homes for families making under $25,000.  This park, has all the value added components needed to increase the value of your money. Let us show you exactly how to do this by adding new homes, increasing lot rents, selling homes back, increasing curb appeal. and much much more !!! Yes you are buying upside, however with vision you commitment you can create north of a million dollar park in no time. We implement this same plan everywhere we go on much larger scale and it works. Call me with questions at 770.722.4239, Paul Click here for more information: (NO OWNER FINANCING) https://www.surveygizmo.com/s3/4901880/Information-Packet-Allen-MO

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Park Information

Community Type: All Age
Number of MH Lots: 31
Total Occupancy: 70.0 %
Average MH Lot Rent: $50

Financial Information (Actual)

Gross Income $10,800
Operating Expense $4,004
Net Operating Income $6,796
Expense Ratio 37.1 %
Debt Info

Lot Information

Singlewide Lots: 22

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 1

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