Contact Information

Mobile Home Park Details

  • Price: $600,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.2%
  • Property ID: 1347291
  • Posted On: Oct 28, 2020
  • Updated On: Jan 12, 2021

Property Description

JTACR is pleased to present South Oaks Mobile Home Park for sale.
The 3.75 acre property has 24 spaces.
17 homes are park owned and 6 are tenant owned.
Exact breakdown is available with the full packet.

South Oaks MHP is located in Trinity County and offers individually metered electricity coupled with city water and sewer.

Contact us for full packet of information on this property.

Location

South Oaks MHP is located just over 2.5 miles S of Trinity and 20 miles NE, conveniently located .3 miles off of Highway 19.

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

Park Information

Community Type: All Age
Number of MH Lots: 24
Total Occupancy: 92.0 %
Average MH Lot Rent: $200
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $51,480
Operating Expense $8,240
Net Operating Income $43,240
Expense Ratio 16.0 %
Debt Info

Lot Information

Singlewide Lots: 23
Doublewide Lots: 1
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 17
Average Rent for Park-owned Homes: $333