Contact Information

Mobile Home Park Details

  • Price: $1,550,000
  • Purchase Method: Cash, New Loan, Assumable Loan
  • Cap Rate: 9.0%
  • Property ID: 1098600
  • Posted on Jun 25, 2019

Property Description

82 Unit All-Age Community between Omaha, NE and Sioux City, IA

Total units: 82 units (includes the office/ house and the maintenance pole barn)
Total Occupied units: 62 units (75.61%)
Current lot rent: $275/month (strong market, most competitors are above $335/month)
Public utilities, sub-metered with ABTWater.com and billed by the park to the tenants
Tenants pay for the trash ($15.17/ month)
No park owned homes
Near Omaha, NE and Sioux City, IA
Asking price is $1,550,000 (9 cap price)
Mobile Home Park was developed in 1970
Metal pole barn was built 1980

Location

The Country View Mobile Home Park is located in beautiful Denison, IA, conveniently positioned between Omaha, NE and Sioux City, IA.

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 82
Total Occupancy: 76.0 %
Year Built: 1970
Average MH Lot Rent: $275
Size: 12.3 acre(s)

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 0