Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.4% (Pro Forma)
- Listing ID: 1418867
- Posted On: Apr 7, 2021
- Updated On: Sep 15, 2022
Description
Call Today On This Awesome "Price To Sale!" 24 Unit RV Park in Sunny Yakima. Owner Retiring, Motivated To Sell. 22 RV Full Hookups, (1) 3 bed-2 bath Doublewide and Studio. Doublewide and Studio Included in Sale. Approximately 19 Acres. $180,954 Gross proforma income with $100 increase per unit. Net Yearly Proforma $144,985. 10.35% Proforma Cap Rate. Unlimited Potential to Increase Income. Always Full With A Waiting List. Tenants Pay Their Own Power Included In Rent Total. All Rents $100+ per Month Below Current Market (Rent To Go Up $50 Per Unit April 1st 2022). Don't Miss Out on This Rare Opportunity to Own a Great RV Park!
Additional Showing Instructions: Call Broker
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Park Information
| Community Type: | All Age |
| Year Built: | 1999 |
| Size: | 19 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $180,954 |
| Net Operating Income: | $144,985 |
RV Information
| Number of RV Lots: | 22 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Video
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