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C:\Users\Williamson\Documents\Business\Allgen Real Estate\Properties\Purchases\Clayton\Clayton Mobile Home park Pics\pics\Mobile4.JPG
C:\Users\Williamson\Documents\Business\Allgen Real Estate\Properties\Purchases\Clayton\Map.jpg
C:\Users\Williamson\Documents\Business\Allgen Real Estate\Properties\Purchases\Clayton\Clayton Mobile Home park Pics\pics\Mobile3.JPG
C:\Users\Williamson\Documents\Business\Allgen Real Estate\Properties\Purchases\Clayton\Clayton Mobile Home park Pics\pics\Mobile4.JPG

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 10.0%
  • Listing ID: 147868
  • Posted On: Apr 27, 2012
  • Updated On: Aug 17, 2012

Description

Amazing opportunity! This is a single family home and the property also has a bungalow and 2 apartments plus 5 tenant owned trailers on the land. All units/buildings are rented and bring in $3,000 a month in rents. The rents have not been raised in 12 years. Even at their current rate that is over a 10% Cap Rate. There is room for an additional unit to be placed and expansion. THIS PARK MUST GO ASAP!!! MAKE AN OFFER TODAY!!! FIRST $115,000 BEFORE JULY 14, 2012 GETS IT!!!

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Financial Information (Pro Forma)

Gross Income: $3,000
Operating Expense: $0
Net Operating Income: $3,000
Debt Info: 0