Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1104634
- Posted On: Jul 9, 2019
- Updated On: Jul 6, 2020
Description
Attention investors! Premier 24 unit mobile home park and an on-site triplex located 10min from downtown Asheville, minutes from I-40, just off of US Hwy 70. Current potential rental income is $184,800. Owner has meticulously maintained financials. Municipal water/sewer with all utilities separately metered and paid by tenants. There is a history of high occupancy and current leases are well documented. Owner will consider selling the park as a pad-only park and retain ownership of the mobile homes and the triplex would convey with the property. Purchase price for this transaction would be $1,279,000. See Youtube video, rent roll, P&L, proforma, and mobile home inventory list in attachments. Check out the Youtube video here: https://www.youtube.com/watch?v=VdJ3lQ13eWs&feature=youtu.be
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 27 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $570 |
| Size: | 3 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Video
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