Contact Information
Christy Moore
Mobile Home Park Details
- Price: $675,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 3001367
- Posted On: May 26, 2023
- Updated On: May 26, 2023
Description
Looking for a great investment property? This unique property offers 1 modular, 6 mobile homes & large heated insulated garage/ shop that has facilities on 1.02 acres located north of Rock Springs. All homes are on a permanent foundations and each home has separate gas & electric meters. All 6 mobile homes on the property are included in the sale. They are older but have had many updates inside and are in great condition. The modular is the largest home on the property that boasts 2188 sq ft with 4 bdrms 2bath. This home is connected to garage shop area. Enjoy the large open living room with vaulted ceilings & wood burning stove. The attached heated garage/shop is 2737 sq feet with 3 bays & has a bathroom to boot!The west end of the garage is currently a pottery studio. This property is zoned commercial, endless possibilities! Potential rental income over $55k per year! Call or text Christy Moore @ HomeSmart Realty Group for more information .
Location
T19N R105W SEC 8SW4NE4TR - HAVEN OFREST MHC
Park Information
| Number of MH Lots: | 6 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $900 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income | $63,600 |
| Operating Expense | $7,200 |
| Net Operating Income | $54,146 |
| Expense Ratio | 11.3 % |
| Debt Info | xxx |
Lot Information
| Singlewide Lots: | 5 |
| Doublewide Lots: | 2 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $900 |