Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1193046
  • Posted On: Feb 20, 2020
  • Updated On: Oct 18, 2022

Description

Wonderful Vacation Destination

This Park has 140 RV lots and additional camping facilities. 2000 feet of water frontage including sandy beach swimming, 44 lots on the water, boat channel, and a small private lake. 100 permanent tenants pay just $2,650 per year. Gross annual income is $371,000 and net exceeds 1/4 million dollars.Seller in his eighties has owned the park for 40 years. Will take $2,226,000

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Park Information

Total Occupancy: 100.0 %

Financial Information

Gross Income: $371,000

RV Information

Number of RV Lots: 140
Average RV Lot Rent: $2,650

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