Contact Information

Mobile Home Park Details

  • Price: $2,499,999
  • Purchase Method: Cash, Seller Financing, New Loan
  • Land: This is land for developing a mobile home park
  • Cap Rate: 7.8%
  • Property ID: 1417998
  • Posted On: Apr 5, 2021
  • Updated On: Jul 13, 2021

Property Description

Apprx. 34 acres, 1,300' Bogachiel riverfront. Top 6 acres consists of storage units, plus 22 full RV hook-up sites. Huge separate bathhouse, laundry in front, commercial kitchen in back. Highest quality on all buildings, heated floors, instant hot water, metal roofs. Large Maint. Bldg. plus permit for 1,800' 3 bed/2bth home lower 28 acres set for future expansion of approximately 45 more hook-ups, power and water are already existing. 3 park models.

Amenities

  • Laundromat
  • Storage
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Park Information

Community Type: All Age
Size: 34 acre(s)

Financial Information (Actual)

Gross Income $252,000
Operating Expense $58,200
Net Operating Income $193,800
Expense Ratio 23.1 %
Debt Info

RV Information

Number of RV Lots: 22

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0

Video

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