Mobile Home Park Details

  • Property ID: 1574353
  • Posted On: Dec 14, 2021
  • Updated On: Apr 8, 2022

Property Description

TREMENDOUS INCOME PRODUCING PROPERTY!!! This (11) lot mobile home park is a steady income producer. This phenomenal opportunity comes with 11 lots and 8 mobile homes. 7 lots include both mobile home and lot rent where the remaining 4 owned lots provide only lot rent income. Currently no vacancies, great rental history. Income/expense history boasts over a 14% CAP Rate at the current asking price. A proven property, good location. Great cash flow and long-term opportunity. No drive-bys please. Apt. Only.

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Park Information

Number of MH Lots: 11
Year Built: 1972
Size: 3 acre(s)

Financial Information

Gross Income $4,300
Operating Expense $354
Expense Ratio 8.2 %
Debt Info

Utility Information

Water: City
Sewer: Septic

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