Contact Information

Mobile Home Park Details

  • Price: $500,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1264103
  • Posted On: Jun 1, 2020
  • Updated On: Jun 10, 2020

Property Description

32 unit mobile home park near Lake Ponderosa, and within an hour of the Des Moines metro. All utilities are public and are paid directly by tenants. Large amount of upside in bringing lot rents up to market, and in transferring ownership of parked owned homes to owner occupants.
Sale includes all park owned homes as well as a 30-50 steel building. Equipment is negotiable.

Location

Located at the edge of town with direct access to Highway 63 and I-80

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

Park Information

Community Type: All Age
Number of MH Lots: 32
Total Occupancy: 88.0 %
Year Built: 1960
Average MH Lot Rent: $110
Size: 6 acre(s)

Lot Information

Singlewide Lots: 25
Doublewide Lots: 7

RV Information

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

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 30
Average Rent for Park-owned Homes: $535

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