Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1080854
- Posted On: May 13, 2019
- Updated On: Aug 12, 2019
Description
93 lots and is on city sewer and city water and individually metered. Has approximately 29 acres. Has a large soccer field, newer tornado shelter, and room to expand and have more lots. $250 lot rent.
Owner also has 3 other parks for sale that must be sold together. Total package price is 3.8 million. Elk Valley MHP located at 8 Breezy Lane Fayetteville, Tn. 37334. It has 78 lots and is on city water but not separately metered and it has septic tanks. Has a commercial lot at the front of the property that could be expanded on or leased to a business. #3. is Cokers MHP located at 111 Hancock Rd. East. Scottsboro, Al. It has 26 lots plus a site built home. It is on city water and city sewer but is not individually metered. Park owns most of the homes here. #4 is Caddo MHP located at 3187 County Rd. 316 Trinity Al. 35673. It has 18 lots and is all tenant owned homes except for 1. 2 vacant lots. Lot rent is $275. On septic tanks. Water is metered by the park and billed back to tenants.
**Agent willing to put in $100,000 for a silent ownership interest
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 93 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $250 |
| Size: | 29 acre(s) |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $250 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 25 |
| Average Rent for Park-owned Homes: | $400 |