Valley View MHP is a 31-pad mobile home community located on 3.67 acres in Velva, ND. The park is believed to have been developed in the early 1990's and has served the community by offering an affordable housing option since that time. The property is zoned for a MHP. The park is not located in a flood zone. The park is presently managed by a 3rd party professional management firm. The park also has a maintenance man.

The park is comprised of 32 individual parcels (each approximately 0.11 acres). One of the parcels/pads is currently being used as a playground. There are currently not any trailers that need to be removed from the premises. Of the 22 occupied pads in the park, all of the trailers are TOH's currently averaging $365/month. The current owner is bringing the pad rental rates up to market levels. Tenants have been notified that their rent will be increasing to $385/month in the summer of 2022. The park utilized annual leases.

PUBLIC WATER & SEWER! Valley View MHP is on city water & city sewer! The underground pipe material is believed to be a combination of PVC and city metal. Residents are direct billed for electricity, & gas by the utility providers. Water & sewer is currently being paid by the park, and the next ownership group should strongly consider the installation of water meters. Garbage is built into the lot and home rent. The road through the park is owned and maintained by the city. The tenants mow their own pads and the park mows the common areas. The city plows snow as needed.

MR. LANDMAN, LLC is a licensed real estate entity in the state of North Dakota under license #3369. Jonathan Fisher is a licensed real estate broker in the state of North Dakota under license#10982.