Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1230952
- Posted On: Mar 18, 2020
- Updated On: Nov 12, 2020
Description
9 Unit park on 31 acres with three additional rental units and potential income from leasing 15 acres for grazing. Multiple outbuildings and fronts on county road. Seven of the mobiles in park along with two mobiles occupied by owner are park owned. Each park mobile has underground metered electricity and natural gas. Park owner pays for garbage service and well water testing and pumping. Cash only, no owner financing.
Location
Gotch Creek is a state approved MHP about 3 miles northeast of Cottonwood and 4 miles southeast of City of Anderson.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1972 |
| Average MH Lot Rent: | $462 |
| Size: | 32 acre(s) |
Financial Information (Actual)
| Gross Income: | $43,600 |
| Operating Expense: | $12,600 |
| Net Operating Income: | $31,000 |
| Expense Ratio: | 28.9 % |
| Debt Info: | none |
Lot Information
| Doublewide Lots: | 9 |
| Park Model Lots: | 9 |
RV Information
| Number of RV Lots: | 1 |
| Average RV Lot Rent: | $425 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $525 |
