Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 1300921
- Posted On: Aug 5, 2020
- Updated On: Sep 4, 2020
Description
Beautiful, and spacious 11.12 acre park with 11 units (5 park owned homes and 6 lot rents)
Public Water
Underground Power
Well Maintained Septic Tanks (11)
7 min to SuperWalmart
7 min to Wilkesboro (Lowe’s, Tractor Supply, 3 grocery stores and 15+ restaurants)
Mountain View’s
6 acre fenced in pasture includes gorgeous stream that runs 365 days a year.
Water is currently paid by me (average $150 total per month)
Annual taxes $900 per year!
Same tenants for the past 12 months
Selling to buy my wife a bigger house
Location
Off Charity Church Road in Millers Creek
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $350 |
| Size: | 11 acre(s) |
Financial Information (Actual)
| Gross Income: | $32,000 |
| Operating Expense: | $3,920 |
| Net Operating Income: | $28,080 |
| Expense Ratio: | 12.2 % |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $500 |
