1010 Maple Street, locally known as Pony Park, is a 65-lot mobile home park in Chadron, Nebraska. Built in 1978 the property has been well-maintained by fantastic management. Pony Park is perched on an impressive 7.63 acres in Dawes County. The units range from one-bedroom one-bathroom up to three-bedroom three-bathroom.
Pony Park presents investors with an enticing opportunity to purchase a value-add property. The Park breakdown is as follows:
9 Tenant Owned Homes (TOH)
39 Total Parked Owned Homes (POH)
17 vacant lots
With a NOI $100,956.05 (past 8 months)
16 of the (POH) are currently being renovated with a (TOH) being added in July. The current owner is continuing to increase the NOI with additional tenants moving to the park
Pony park is situated in an area near several state parks and other outdoor recreational areas, making it an attractive place to invest in vacation rentals and other types of tourism-related business. The economy of Chadron is small and modest compared to larger cities. However, The city's economy is diverse, with a mix of healthcare, education, retail, and small businesses.
Chadron is a small town nestled right by the South Dakota and Nebraska border. The city hosts Chadron State College, Chadron Community Hospital & Health Services, Chadron State Park, Nebraska National Forest, and the Museum of the Fur Trade. Chadron is surrounded by natural beauty in the lush Pine Ridge region of Nebraska, known for its rolling hills, forests, and natural landscaping. The town is also known for its affordable cost of living compared to other parts of the country.
