Contact Information

Alexander Bardis

Mobile Home Park Details

  • Price: $1,250,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 1432892
  • Posted On: May 4, 2021
  • Updated On: May 16, 2023

Description

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 17k 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. SOLD AS IS WHERE IS!

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: $642
Size: 3 acre(s)

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