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

  • Purchase Method: Seller Financing
  • Listing ID: 1150744
  • Posted On: Oct 31, 2019
  • Updated On: Feb 11, 2020

Description

Further information i.e. rent roll, etc.. copy and paste into your address bar.
https://www.dropbox.com/sh/1bedxy2r5ojr0q3/AADRWebeAGzK8njw3K8IhJKqa?dl=0

OWNER FINANCING WITH 100K DOWN. A perfect little starter park with huge upside in value. Mom and pop park. Will probably need to be all cash.
16 TOH, 3 POH,(2 demo's), 11 VL.
7.5 acres.
Year Built 1972
All underground utilities.
Med Income 56k
Taxes: $523.29 (2018)
Zoning: R-3,Direct Billed Utilities
7 Street lights
Adjacent land available (7 AC), ideal for mobile home park expansion.
Walking distance to downtown
Road Frontage in the front and back of property
Lot rent $145
No leases
No increase in 5 years
Community Health Center adjacent to park.
Plenty of industry and factories in the area to support park.
Present gross $33,420. Potential gross $143,400. Let me me show you how to get there..

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 85.0 %
Year Built: 1972
Average MH Lot Rent: $145
Size: 8 acre(s)

Financial Information (Actual)

Gross Income: $33,420
Operating Expense: $5,503
Net Operating Income: $27,917
Expense Ratio: 16.5 %
Debt Info: none

Lot Information

Singlewide Lots: 30

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $600

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