Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1494872
- Posted On: Aug 11, 2021
- Updated On: Jan 3, 2022
Description
Opportunity Awaits.... Take a look at this established 21-unit mobile home park. 10 Units are included in the sale, with majority of them fully remodeled. 9 units are owned by tenant's and pay lot rent, with the ability to add two additional owner or tenant units to increase cashflow! Currently grossing approximately $6,000 per month this is an outstanding revenue producer and great investment, with the ability to grow! Water system just updated with all PA regulations. Do not miss this opportunity!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 21 |
| Total Occupancy: | 75.0 % |
| Average MH Lot Rent: | $380 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $69,300 |
| Operating Expense: | $14,760 |
| Net Operating Income: | $54,540 |
| Expense Ratio: | 21.3 % |
Lot Information
| Singlewide Lots: | 21 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 10 |
| Average Rent for Park-owned Homes: | $550 |