Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1072949
  • Posted On: May 5, 2019
  • Updated On: Nov 9, 2019

Property Description

We have a 5 lot MHP for sale in Jacksonville. Expenses are very low as there are no roads to maintain. We do not own any of the mobile homes. Lot rent is 350/mo. We do pay for the water. You can add meters and charge tenants as a value add. It is our understanding that there can be two additional lots for additional revenue. Reason for selling is because we are moving out of the area. Cap rate is 9-10%. We will entertain seller financing with a minimum of 50k down.

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Park Information

Community Type: All Age
Number of MH Lots: 5
Total Occupancy: 100.0 %
Average MH Lot Rent: $350
Size: 2 acre(s)

Lot Information

Doublewide Lots: 5

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

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