Mobile Home Park Details

  • Property ID: 1055460
  • Posted On: Apr 19, 2019
  • Updated On: Oct 23, 2019

Property Description

-100 SPACES-80% OCCUPIED- City Water/Sewer/cable all billed to tenants.

Park homes/notes included in price-BUT NOT IN THE CAP RATE!

THIS PARK IS READY TO GO- UPSIDE IS TO FILL REMAINING SPACES-about 10 spaces open and raise rents addl $50 per month .

onsite Mgr/Maint man lives onsite

BUILT IN 1978 -50 Park homes ,some sold to tenants
great shool district

APT COMPS 2BR $651 3 BR $811

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Park Information

Community Type: All Age
Number of MH Lots: 100
Total Occupancy: 80.0 %
Year Built: 1975
Average MH Lot Rent: $275
Size: 25.0 acre(s)

Lot Information

Singlewide Lots: 103
Doublewide Lots: 2

RV Information

Number of RV Lots: 5
Average RV Lot Rent: $350

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 50
Average Rent for Park-owned Homes: $400

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