Photo of Mobile Home Park
Aerial photo of Mobile Home Park
2000 Reynolds
#10
2014 Reynolds
new sidewalks
Cobban St
Reynolds St
outbuildings
mailboxes
dumpsters
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 13.0%
- Listing ID: 1110549
- Posted On: Jul 23, 2019
- Updated On: Nov 26, 2019
Description
Immaculately maintained smaller park with great rental income and long term tenants. Eleven lot spaces with 9 park owned trailers and one vacant space. New concrete sidewalks, keyed mailbox, paved drive, city water and sewer. Low overhead.
Buyer to verify all park financials.
Call 406-616-2725 for inquiries if you cannot reach Dylan.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1979 |
| Average MH Lot Rent: | $300 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $83,340 |
| Operating Expense: | $23,365 |
| Net Operating Income: | $59,974 |
| Expense Ratio: | 28.0 % |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $725 |