Contact Information

Mobile Home Park Details

  • Price: $495,000
  • Property ID: 1629609
  • Posted On: Mar 23, 2022
  • Updated On: May 9, 2022

Property Description

16+ pads 5 tenant owned homes, 7 park owned homes and 4+ vacant pads.

Close to Trot State University, Kimber Arms Manufacturing, ,Sikorsky Aircraft and Walmart Distribution Center.

Solid upside with over $75,000 in owner upgrades.

Location

Pike County Property Tax #55 06 01 12 0 000 011.001

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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 92.0 %
Average MH Lot Rent: $642
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $64,920
Operating Expense $3,900
Net Operating Income $61,020
Expense Ratio 6.0 %
Debt Info

Lot Information

Singlewide Lots: 16

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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