Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 15.0%
  • Property ID: 1170730
  • Posted On: Dec 28, 2019
  • Updated On: Mar 27, 2020

Property Description

Serious Buyers can call or text us at 336-572-2053.
Make sure your email address is correct if you contact us through this site. You can also email us direct at alleghanync@hotmail.com

Includes 10 park owned trailers. Each trailer has its own septic and the park has well water. Most of the trailers were built in the mid 1970's.

Click on the link below for more pictures and info -
http://alleghanync.com/1green-ridge-lane-for-sale-income-expense.html You can also copy and paste it

We can look at offers, and have received a couple so far

Location

Nice quite park located in the Mountains of North Carolina.
This park is on the Virginia border of North West NC.

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

Park Information

Number of MH Lots: 10
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $48,220
Operating Expense $4,804
Net Operating Income $43,416
Expense Ratio 10.0 %
Debt Info

RV Information

Number of RV Lots: 1

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $400

Video

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