Contact Information

Mobile Home Park Details

  • Price: $449,000
  • Purchase Method: Seller Financing
  • Property ID: 1049704
  • Posted on Apr 5, 2019

Property Description

Tony@ParkPlaceEdu.com 951-536-3891

Turn Key 20 Space mobile home park with upside potential for the new owner. Never raised the rents in 7+ years.

Purchase Price $449,000

I'm willing to carry a note of $150,000

100% of the Due Diligence we have can be found on this link:
https://www.dropbox.com/sh/ybn1rwgnku5rfz0/AAC4tEub5iAdtVpBo1JkdbZqa?dl=0

Cottonwood MHP has a total of:
17 Tenant Owned Homes (Long Term Residents)
1 Vacant Home
1 Vacant Space ready for a new home
1 Apartment

Park is licensed for 20 spaces.

Nearly 100% of the residents have lived there for 10+ years.
100% Tennant Owned Homes

Residents have been trained to deposit rents directly to Wells Fargo (a few blocks from the park).

Very high percentage of farm workers / Spanish speaking (Excellent at paying).

**Proof of down payment required prior to consideration**

Contact Tony Ferris
Tony@parkplaceedu.com

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

Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 95.0 %
Year Built: 1978
Average MH Lot Rent: $255
Size: 1.9 acre(s)

Lot Information

Singlewide Lots: 19
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $255

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0

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