Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1726993
- Posted On: Aug 4, 2022
- Updated On: Feb 8, 2023
Description
47 units. County water on 1 meter, individual septic tanks. 4 tenant owned homes. 33 park owned homes. 10 vacant lots with individual power and water and septic. 2 commercial buildings. Paved streets. Approximately 3 acres of open field bordering the road (400ft of road frontage) pre-zoned for self storage units. On site management in place. Lots of room for increasing rents.
Possible seller finance. Call for term details.
Location
Foothills of NC
Amenities
- Handicap Accessible
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 47 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1972 |
| Average MH Lot Rent: | $250 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $10,500 |
| Operating Expense: | $2,045 |
| Net Operating Income: | $8,455 |
| Expense Ratio: | 19.5 % |
Lot Information
| Singlewide Lots: | 47 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 37 |
| Average Rent for Park-owned Homes: | $650 |
