Contact Information

Mobile Home Park Details

  • Price: $750,000
  • Purchase Method: Cash
  • Property ID: 1110484
  • Posted On: Jul 23, 2019
  • Updated On: Aug 20, 2019

Property Description

NOI projected at $111,428.00
Offered at $750,000

Possible 72 pad park, with homes on 50 pads, for sale. There are 32 lot paying tenants and 14 renters in park-owned homes. Only 4 vacancies at present.

Current owner is willing to sign 5 year lease for park-owned homes if buyer desires.

Park is located in the city of Clarksdale, MS, and has many long-term tenants. There are 4 vacancies as of August 2019.

All city water and sewer.
All units separately metered for water and electric and tenants pay their own utilities.

Owner responsible for taxes, insurance and some common area mowing. There is no common electric or water. Streets are owned and maintained by the city.

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

Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 92.0 %
Average MH Lot Rent: $120
Size: 12 acre(s)

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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