Contact Information

Mobile Home Park Details

  • Price: $535,000
  • Purchase Method: Cash
  • Property ID: 1230952
  • Posted On: Mar 18, 2020
  • Updated On: May 21, 2020

Property Description

9 Unit park on 31 acres with three additional rental units and 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.

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

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