Contact Information
Mobile Home Park Details
- Price: $2,500,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.4% (Actual)
- Listing ID: 1925688
- Posted On: Nov 3, 2022
- Updated On: Aug 5, 2026
Description
Stabilized 55+ Mobile Home and RV Park in Searchlight Nevada with an average 5 year occupancy of 95.6%. This 21.46 acre park contains 59 mobile homes, 14 RV spaces and rental storage areas. Four additional cut pads are on-site for further expansion of the park. Public utilities include water, trash, and electric.
2025 CAP Rate of 7.4 with a projected 2026 CAP of 10.4.
Do not tour the park or speak to management without listing agent approval and coordination.
Please contact the listing agent for further information and due diligence package.
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 55 |
| Total Occupancy: | 98.0 % |
| Average MH Lot Rent: | $400 |
| Size: | 22 acre(s) |
Financial Information (Actual)
| Gross Income: | $285,888 |
| Operating Expense: | $90,269 |
| Net Operating Income: | $195,619 |
| Expense Ratio: | 31.6 % |
| Debt Info: | 2025 Actual |
RV Information
| Number of RV Lots: | 14 |
| Average RV Lot Rent: | $550 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
