Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1132830
  • Posted On: Sep 12, 2019
  • Updated On: Mar 17, 2020

Property Description

RESIDENTS UNAWARE OF SALE PLEASE DO NOT DISTURB!!!

75 site Mobile Home Park in a premium location ON LAKE HAMILTON WITH LAKE FRONTAGE AND A CLEAN COVE with significant upside, includes 3 additional apartments 1 storefront that could be converted into a laundromat, and a park office with storage. Located in a preferred school district.

10.9 acre site located in heart of Hot Springs AR. Surrounded by high end developments, main access road to park recently widened and resurfaced.

Perfect turnkey investment with STRONG STABLE CASH FLOW or perfect for a high end redevelopment on the lake.

RECENT APPRAISAL, CLEAN PHASE 1, SURVEY AND FULL FINANCIAL PACKAGE AVAILABLE UPON REQUEST.

Amenities

  • Storage
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Park Information

Number of MH Lots: 75
Total Occupancy: 75.0 %
Year Built: 1981
Average MH Lot Rent: $400
Size: 11 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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