Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1742690
  • Posted On: Aug 23, 2022
  • Updated On: Nov 27, 2023

Description

We have a 5 acre mobile hm & Rv park lic for 90 lots with 60 currently developed the rest can be used for storage in the mean time. We bought the park in a distressed state and we just finished a major clean up and done approx. 12 evictions. We currently have 22 mobiles homes for rent ,1 studio apartment & 1 cabin

We have 14 mobiles rented out , 1 cabin rented and 1 Rv rented at this time, 2 of the mobiles are being rehabbed and should be completed by the end of this Aug 2022

The park brings in approx. $71k per year at this point as the homes get repaired rents will increase . There is city water & sewer the park bills back all utilities as they are sub metered Trash is included

There are a lot of mature trees that offer a lot of shade for the summer and beautiful foliage in the fall ,with paved streets ,that are in fair shape. We are the only park in a 40 mile radius you would be able set your own rates if you choose to

The rent will be increasing to $650 for 2 bed rm $550 for single bed rm $450 for lot rent. Please don't mention the sale of the park ..should you choose to view it in person , a ph call ahead of time would be appreciated. Were looking for a cash offer- NO OWNER FINANCING

Location

The park is located in town and everything is close by

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Year Built: 1956
Size: 5 acre(s)

Financial Information (Actual)

Operating Expense: $1,800

Lot Information

Singlewide Lots: 30
Park Model Lots: 28

RV Information

Number of RV Lots: 30
Average RV Lot Rent: $400

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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