Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1169632
  • Posted On: Dec 23, 2019
  • Updated On: Apr 22, 2020

Property Description

Amazing investment with 9 homes on 7.49 landscaped acres of land subdivided on 3 total parcels. Monthly rental income on Parcels 2 and 3 is $5800. Including home on Parcel 3 is up to $7,200. There is also a potential for $1500 additional income with a RV park/boat storage on Parcel 3 (can currently fit 10 20x40 parking areas plus a few smaller ones). Parcel 1: custom built 3 bed 3 bath modular on over 1 private acre with open floor plan, built in 2013, over 1,800 sq ft, custom flooring/painting and woodwork, 24ft high cathedral ceiling, stone fireplace, large kitchen. Maple cabinets with granite countertops in kitchen and bathrooms. Kitchen pantry. 1st Floor master bedroom. 2nd floor bedroom with full bath and private sitting area. Over 1,600 Sqft of outside seating to include 2 large covered decks. Detached 2 car garage and storage shed. Parcel 2: 7 single wide 3 bed 2 bath trailers on another approx. 3 acres. Homes are side by side with 10x12 covered front porches and 12x12 concrete patios in the back. All units have titles, own utilities, private septic systems and renovated in 2019. Trailers are wind zone 2, tied down and on concrete pilings. Parcel 3: 1994 Clayton double wide mobile home on a raised brick foundation on approx. 3 acres. 3 bedrooms, 2.5 baths, custom flooring/paint and woodwork. Large living/family and separate dining room. Huge kitchen with plenty of storage and large master bedroom with huge on-suite and custom built walk-in shower. Large front raised concrete porch and covered rear deck with 2nd concrete patio. Detached 2 car garage with stairs to walk-in overhead storage. All homes are occupied and there are 7 LED commercial security lights throughout property. Stocked pond with bass and catfish. Lawn equipment including tractor with attachments and zero turn radius mower included with agreed upon offer. Terminex contracts on all properties. Peaceful, private and so many other opportunities are possible. Motivated sellers and no city taxes!!

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Park Information

Community Type: All Age
Number of MH Lots: 7
Total Occupancy: 100.0 %
Average MH Lot Rent: $650
Size: 8 acre(s)

Financial Information

Gross Income $60,000
Debt Info

Lot Information

Singlewide Lots: 7
Doublewide Lots: 1

RV Information

Number of RV Lots: 10

Park-Owned Homes

Number of Park-owned Homes: 7

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