Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1320862
- Posted On: Sep 8, 2020
- Updated On: Jun 25, 2021
Description
Quiet Oaks Mobile Home Park - Excellent Investment Opportunity. All lots are sub-metered for water, tenants reimburse owner for ECUA bill, each tenant pays $10.50 month for dumpster use. Park is on a gravity fed sewer system that was installed approx 2007. There are 8 lots. There are 3 Mobile Homes - one is owner occupied, one is park owned, and one is on a rent to own contract.
*Lot 1 empty - can get $250 (minimal) monthly rent
*Lot 2 lot tenant owns the mobile home - $210 rent
*Lot 3 empty - can get $250 (minimal)
*Lot 4 park owned mobile home - $525 rent.
*Lot 5 RV - $250 month lot rent
*Lot 6 RV - $200 month lot rentLot 7 - Rent to own mobile home - $400 month (approx 3 years left).
*Lot 8 RV - $280 month lot rent
f you bring in decent mobile homes, nicely presentable (not perfect) - you can probably get $600-$650 for 2 bedroom and $700+ for 3/2
if it's cleaned up, lot rent could go up $280-$300 lot
Lots are all permitted to be mobile home lots.
**PLEASE DO NOT ACCESS PARK WITHOUT AN APPOINTMENT**
Location
8 lots total
Park Information
| Number of MH Lots: | 8 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $250 |
| Size: | 1 acre(s) |
Lot Information
| Singlewide Lots: | 8 |
RV Information
| Number of RV Lots: | 4 |
| Average RV Lot Rent: | $210 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $525 |