Contact Information

Alexander Bardis

Mobile Home Park Details

  • Price: $1,999,999
  • Purchase Method: Cash
  • Property ID: 1432892
  • Posted On: May 4, 2021
  • Updated On: May 6, 2021

Property Description

First time on the market in 15 years. Owner is conducting a 1031 Exchange to fund another venture. 27 unit mobile home park in Rural NJ, NO PARK OWNED HOMES on approx. 2.54 level acres. Zoned Commercial. On site manager is in place! NO RENT CONTROL! Private utilities (Septic's/Well) and one private street services the park. Water was recently sub metered and will provide ADDITIONAL income! Currently generating almost 15k a month in lot rent, not including water billing and additional lot ready for new home. This is a confidential listing, exact area to be disclosed to serious buyers. CASH DEAL ONLY! Proof of funds required. NO OWNER FINANCING.

Location

Southern NJ

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Park Information

Community Type: All Age
Number of MH Lots: 27
Total Occupancy: 97.0 %
Year Built: 1960
Average MH Lot Rent: $570
Size: 3 acre(s)

Lot Information

Singlewide Lots: 27
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

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

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

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

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