Contact Information
Kris Wessel
NAI Martens
Mobile Home Park Details
- Price: $3,175,000
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Property ID: 1334183
- Posted On: Oct 5, 2020
- Updated On: Feb 18, 2021
Property Description
149-spaces in two MHC's, plus a 96-unit self-storage property, all located within three miles of one another. These two communities feature all public utilities, direct-billed to the residents. Lot rents are $225 per month, which significantly trails area properties - all surveyed were $300 or more. At 52.3% occupancy, there is also significant upside available through infill of additional homes. Nebraska broker of record - Drew Stange, CCIM, NAI FMA Realty.
Location
Located in Holdrege, Nebraska, which is just off of I-80, and only about 30 miles from Kearney, Nebraska. Holdrege has a healthy, diversified employment base, with eight employers of 150 or more, plus there are four feed lots located within five miles of the city.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 149 |
| Total Occupancy: | 52.3 % |
| Average MH Lot Rent: | $225 |
| Size: | 34 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
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