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) |
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 |