Contact Information

Mobile Home Park Details

  • Price: $1,800,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 5.8%
  • Property ID: 1359765
  • Posted On: Nov 23, 2020
  • Updated On: Feb 22, 2021

Property Description

JTACR is pleased to have the opportunity to present Pine Valley Mobile Home Community For Sale.
This opportunity consists of a 52 unit community, offering City services and the opportunity to increase occupancy.
Contact JTACR for full packet, financial analysis, and location specifics.

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

Park Information

Community Type: All Age
Number of MH Lots: 52
Total Occupancy: 88.0 %
Year Built: 1985
Average MH Lot Rent: $350
Size: 19 acre(s)

Financial Information (Pro Forma)

Gross Income $177,744
Operating Expense $50,586
Net Operating Income $120,800
Expense Ratio 28.5 %
Debt Info

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 15
Average Rent for Park-owned Homes: $375

Other Listings by Carrie Sieger

Similar Mobile Home Parks for Sale