Contact Information

Mobile Home Park Details

  • Price: $420,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0%
  • Property ID: 1256046
  • Posted On: May 14, 2020
  • Updated On: Jan 6, 2021

Property Description

27-space mobile home park - 85% occupied! 11 park-owned homes.

The park is set over 3 acres and is aptly named Three-Acre Trailer Court.

City Water, Electric & Trash; Septic Sewer. All utilities are sub-metered & directly billed to the tenants; owner pays for trash & electric on vacant units; no gas.

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

Park Information

Community Type: All Age
Number of MH Lots: 27
Total Occupancy: 85.0 %
Average MH Lot Rent: $160
Size: 3 acre(s)

Financial Information (Actual)

Gross Income $59,400
Operating Expense $20,790
Net Operating Income $38,610
Expense Ratio 35.0 %
Debt Info

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $400

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