Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 1121048
  • Posted On: Aug 14, 2019
  • Updated On: Dec 13, 2019

Description

TENANTS AND MANAGER ARE NOT AWARE PARK IS FOR SALE, PLEASE KEEP CONFIDENTIAL.

Timberview Mobile Home Community is conveniently located about a mile off I-530, 8 minutes from the state capital, and just outside the city limits of Little Rock, AR (No city regulations to deal with). Situated on approximately 8 acres in a peaceful, rural setting, the park consists of 33 lots and has 26 park owned homes (average condition, mostly 80’s models). Of the 33 lots, 4 spaces are vacant, there are 4 lot renters and 25 POH renters. Current lot rent is $265 and the average POH rents for $485. The park is NOT in a flood zone.

The park currently pays all utilities (city water, septic, paved roads and garbage disposal). Timberview offers its new owners upside with the opportunity for sub-metering and filling vacant lots. In addition, the current owners are converting from master metered gas to all electric.

Price is based on 9% cap rate on lot rent only plus value of the 26 POHs.

Please email littlerockmhp@gmail.com for more information.

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 33
Total Occupancy: 88.0 %
Average MH Lot Rent: $265
Size: 8 acre(s)

Lot Information

Singlewide Lots: 33

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 26
Average Rent for Park-owned Homes: $485

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