Contact Information

David Boshart
Mobile Homes USA

Mobile Home Park Details

  • Price: $395,000
  • Purchase Method: Cash
  • Cap Rate: 25.0%
  • Property ID: 1364273
  • Posted On: Dec 4, 2020
  • Updated On: Mar 8, 2023

Property Description

The park is beautifully shaded with oak trees on 2.5 Acres and currently contains 22 singlewide mobile home spaces with utilities and 300' of chain link fence bordering the back of the property -

New 3BR/2BA 16x70 Live Oak Dash 3 Model on Site to sell in and outside the park along with the complete Live Oak Product Line.

My dealer cost on the model delivered to the park is $55.000 and we can sell it in and out of the park for $75,000 plus shipping and installation from which we can profit an additional $5000.unit or $25,000/unit for the empty 20 Spaces in the park. This produce a gross income of up to 20 x 20,000 = $400,000 if we could sell all the units over the next year to fill the park and market the homes outside the park using my mobile home dealers license.

Current market rental for the greater area is $350/month which at a minimum should generate 22 x $350 = $7700 in gross rental income less estimated monthly expenses of $700/month or $7000 x 12 = $84,000 Annually plus $20.000/ unit profit for each
home sold in or outside the park. The former owner's son in law
is a general contractor and tree surgeon who maintains the park including all infrastructure and can show the model as needed.

I own Mobile Homes USA and can also get a dealer license for this
location if you are interested- My average gross income for the Sales Lot I just sold in Chipley was $1.5 Million with 10% flowing down
to net.


Great location near Alabama College of Osteopathic Medicine, Fortis College and Wallace Community College and all other businesses in Dothan. Alabama

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

Park Information

Community Type: All Age
Number of MH Lots: 22
Total Occupancy: 8.0 %
Year Built: 1967
Average MH Lot Rent: $350
Size: 3 acre(s)

Financial Information (Pro Forma)

Gross Income $150,000
Operating Expense $25,000
Net Operating Income $125,000
Expense Ratio 16.7 %
Debt Info 0

Lot Information

Singlewide Lots: 22
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $350

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $350

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