Contact Information

Wendell Fackrell

Mobile Home Park Details

  • Price: $220,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1300928
  • Posted On: Aug 6, 2020
  • Updated On: Aug 12, 2020

Property Description

5 lot trailer park with 4 trailers currently on it. 1 3 bedroom renting for $855, 1 2 bedroom for $655, 1 2 bedroom currently under construction but almost finished and will be renting for $695, 1 3 bedroom also under construction and almost finished but will be renting for $855 when finished.

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Park Information

Community Type: All Age
Number of MH Lots: 5
Total Occupancy: 50.0 %
Average MH Lot Rent: $662
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income $39,720
Operating Expense $19,320
Net Operating Income $20,400
Expense Ratio 48.6 %
Debt Info

Lot Information

Singlewide Lots: 1
Park Model Lots: 5

RV Information

Average RV Lot Rent: $250

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $765