15 lot mobile home park in Casper WY. City water and city sewer. No roads to maintain. Several of the previously POH's were remodeled prior to selling to tenants, so most of the homes in the park are in good condition, low likelihood of vacancy due to tenants having equity in their MH's. Many improvements over the last couple of years. Most homes have new insulated metal skirting, new decks, new privacy fence, crushed asphalt in parking areas, ect.

Management in place that can stay or go depending on the new owner. 3 park owned homes. Landlord pays water and sewer. Tenants pay electric and gas. Lot rents are between $400 and $600, with total gross at $8,020 for lot rents only (doesn't include additional rent for POH's). Additional rent from the 3 POH's is appx an additional $1,000/mo gross. Appx $900 from contract for deed payments with 7-8 years left. The big gap in lot rents is due to new tenants vs. tenants that have been there a while and needed slow rent increases. There is upside potential in increasing 6 of the 15 lot rents to market rent as well as selling the 3 remaining POH's.