Contact Information

Mobile Home Park Details

  • Price: $925,000
  • Cap Rate: 9.0%
  • Property ID: 2164571
  • Posted On: Mar 14, 2023
  • Updated On: Mar 20, 2023

Property Description

*30 Lots + Convenience Store (Used to be a duplex can be
converted back)

*17 Tenant-Owned Homes

*6 Park-Owned Homes

*7 Vacant Lots

*City Water

*1 Septic System per 2 Units. Some systems were replaced recently

*Increase lot rents to market levels. The Neighboring park is
charging $475

*Infill vacant lots with POH, TOH’s or RV’s for higher transient rent

*Convert the Convenience store back into a duplex

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Year Built: 1970
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $136,500
Operating Expense $53,052
Net Operating Income $83,448
Expense Ratio 38.9 %
Debt Info

Utility Information

Water: City
Sewer: Septic

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