Contact Information

Mobile Home Park Details

  • Price: $1,200,000
  • Property ID: 1441626
  • Posted On: May 20, 2021
  • Updated On: May 20, 2021

Property Description

55+ Mobile Home Park with 31 lots. Mobile homes and RV space. All are tenant owned. City water. all spaces are metered, septic all working good. Lot rent $365, expecting increase to $385 on August 1st. 87% Occupied. Excellent Investment Property!

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Park Information

Number of MH Lots: 31
Total Occupancy: 87.0 %
Average MH Lot Rent: $385

Financial Information

Gross Income $121,049
Operating Expense $44,098
Net Operating Income $76,951
Expense Ratio 36.4 %
Debt Info

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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