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Pineview mhp 519 West Main Street, Glencoe, AL 35905

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Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 1580276
  • Posted On: Jan 2, 2022
  • Updated On: Mar 23, 2022

Description

Small, clean family park in the middle of town. Good schools and good tenants. Level lots, half the price of new ones. Newer water lines, paved, no flood plain. Great potential, just add more TOH/POH units to make this park a real winner. Local manager available.

Location

Just off main highway with easy access.

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 40.0 %
Year Built: 1970
Average MH Lot Rent: $185
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $14,000
Operating Expense: $4,000
Net Operating Income: $10,000
Expense Ratio: 28.6 %
Debt Info: none

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0