Mobile Home Park Details
- Purchase Method: Seller Financing
- Listing ID: 1661610
- Posted On: May 5, 2022
- Updated On: Aug 29, 2022
Description
Vista Village Mobile Home Park, located in Limon, CO, has a total of 30 spaces. Of the 30 spaces, one is currently an RV slot, charged at $400 per month; 1 is a larger space, and could be charged at $490 per month; and the remaining 28 spaces are charged at $400 per month. There are currently 3 vacancies, but interest in 2. The last rate increase was $100 per month, applied in April of 2022.
Location
1.956 Acres rural land, east of Denver, just off I-70
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $400 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $93,320 |
| Operating Expense: | $27,778 |
| Net Operating Income: | $65,542 |
| Expense Ratio: | 29.8 % |
RV Information
| Number of RV Lots: | 2 |
| Average RV Lot Rent: | $490 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 28 |
| Average Rent for Park-owned Homes: | $400 |