Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1349020
- Posted On: Oct 31, 2020
- Updated On: Jan 16, 2021
Description
2.1 acre with 9 mobile homes and 2 r.v. spaces
100 % occupied mobile home spaces for 8 years and one r.v. space 100% occupied for 9 years A seasonal r.v. space is rented out seasonally
Property tax $1000 year
Liability insurance $180 year
Snow removal $50 to $150 year
Road maintenance $100 year
Water and sewer are pvc material
$4400 month income plus $1600 a year for the seasonal r.v. spot
park pays water and sewer at $500 to $600 month average
Tenants pay gas, electric and trash removal
Several homes are 2005 and later models
7 mobile homes available for additional cost
adding additional income of approximately $1750 months or
$21,000 yr.
Location
Located in a beautiful small s.w. colorado town 28 miles from Durango Colorado and 6 miles from Mesa Verde National Park
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $400 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $53,000 |
| Operating Expense: | $8,000 |
| Net Operating Income: | $45,000 |
| Expense Ratio: | 15.1 % |
Lot Information
| Singlewide Lots: | 9 |
RV Information
| Number of RV Lots: | 2 |
| Average RV Lot Rent: | $400 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $400 |
