Contact Information

Paul P

Parks Unlimited LLC

Mobile Home Park Details

  • Price: $260,000
  • Purchase Method: Cash
  • Cap Rate: 18.5%
  • Property ID: 1234270
  • Posted On: Mar 25, 2020
  • Updated On: Mar 30, 2020

Property Description

Another great opportunity brought to you by Parks Unlimited. A 15 lot community, located in Smith Station Alabama. Just minutes to Columbus Ga and Super Walmart.
This area is hot!
863 Lee Rd Smith Station, Al 36877
Do not miss out on this one!
Just minutes to Columbus Ga.. 100 % full
15 lots 15 POH, 0 Vacant lots.
Gross collections around $89,700
One septic tank per lot. Good shape
Four water meters, billed back to the tenants for added income
Built in the 80s
9 cap value is $598,000
Estimated 40% expenses
Water and septic at every lot.
City Water
Rent ranges from $400 to $700 per month
Tenants own power, direct billed
One dumpster for trash, $119/month
Lawn care, $200/month during growing season.
For more info, click here.

For more information contact
Paul at 770-722-4239 or email me at

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

Park Information

Number of MH Lots: 15
Total Occupancy: 100.0 %
Average MH Lot Rent: $550

Financial Information (Pro Forma)

Gross Income $89,700
Operating Expense $35,880
Net Operating Income $53,820
Expense Ratio 40.0 %
Debt Info

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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