Contact Information

Richard Stephens

Antlers LLC

Mobile Home Park Details

  • Price: $1,500,000
  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Property ID: 1369790
  • Posted On: Dec 17, 2020
  • Updated On: Dec 26, 2020

Property Description

Parks are currently under contract to close on February 1st 2021. I will continue to answer questions and take backup offers on the properties in case either party backs out.

At the moment, phone systems in our area are affected by the bombing in Nashville. Hopefully it will be restored soon.

Principles Only Please

77% of 77 lots occupied.
77 Space MHP + 3000 sq ft Commercial Garage (leased) + 3 bedroom house with detached garage.
35 POH (3 on RTO contracts)
25 TOH (4 are RV lots , 2 ore occupied)
City Water Sewer Trash
1 acre connected zoned B-3 (City Planning would like to see Tiny Homes put there)

This listing consists of 2 parks. One is 41 lots (includes 2 vacant lots, 2 RV lots and 2 lots not currently useable), commercial building, house, 1 acre and the other is 36 lots (includes 4 RV lots, 10 vacant lots, all TOH). Separated by dead-end st.

You may contact me by phone or email.

Richard
270-933-5092

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Park Information

Community Type: All Age
Number of MH Lots: 77
Total Occupancy: 77.0 %
Year Built: 60
Average MH Lot Rent: $200

Financial Information (Actual)

Gross Income $276,000
Debt Info

Lot Information

Singlewide Lots: 75
Doublewide Lots: 2
Triplewide Lots: 0

RV Information

Number of RV Lots: 6
Average RV Lot Rent: $200

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 35
Average Rent for Park-owned Homes: $575

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