Contact Information

Adam Oneal

O'Neal and Associates

Mobile Home Park Details

  • Price: $675,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1400781
  • Posted On: Mar 2, 2021
  • Updated On: Apr 28, 2021

Property Description

48 space mobile home park with exceptional location and grounds. Park has paved roads and city water with city sewer available. 3 houses go with the sale. Ideal property to build value quickly.

Location

Park is located on a dead end street across from a Forest training area in Fort Bragg. Very quiet, attractive location for renters.

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

Park Information

Community Type: All Age
Number of MH Lots: 48
Year Built: 1970
Average MH Lot Rent: $200
Size: 7 acre(s)

Financial Information (Actual)

Gross Income $103,000
Operating Expense $27,000
Net Operating Income $76,000
Expense Ratio 26.2 %
Debt Info No debt

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 13
Average Rent for Park-owned Homes: $650

Similar Mobile Home Parks for Sale