Contact Information

Benny Spensieri

CRES Corp International, LLC

Mobile Home Park Details

  • Price: $980,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1281074
  • Posted On: Jul 1, 2020
  • Updated On: Jul 1, 2020

Property Description

This is a combination MH-RV Park offering 100% occupancy with long term, reliable tenants. The park is making a good amount of money, coming in at 11.5% cap rate at asking price. Seller will consider the best offer that comes in.

Park consists of:
• 30-spaces
• 6 Park Owned MH’s
• 6- RV’s
• On-site Laundry (Not in Operation)
• Large Storage Shed
• Well/Septic
• Brand New Septic Tank & Drainfield

Property is 100% occupied and producing:
• Gross Revenue $161,220/an
• NOI - $112,836

Location

Chancey to Allen to Tucker Rd

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

Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 100.0 %
Year Built: 1979
Average MH Lot Rent: $300
Size: 2 acre(s)

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