Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.2% (Pro Forma)
- Listing ID: 3359884
- Posted On: Jul 14, 2023
- Updated On: Jan 2, 2024
Description
Welcome To The Idle Wheels Mobile Home Park, A 1.99 Acre, 34 Space Property In Downtown Sequim, Washington. There are 23 Tenant Owned Mobiles and 11 RV Spaces. Blacktop Roads. City Water And Sewer. Low Rents and Expenses. Walking Distance To Restaurants, Shopping and YMCA. Close To Many Outdoor Activities Including Hiking, Fishing, Crabbing, Enjoy Local Festivals and More! Proforma Gross Income $259,800, Proforma Net Income $203,865 and Proforma Cap Rate Of 8.15%. Don't Miss Out On This Rare Opportunity To Own A Profitable Park With Financial Upside!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information (Pro Forma)
| Gross Income: | $259,800 |
| Net Operating Income: | $203,865 |
Lot Information
| Park Model Lots: | 23 |
RV Information
| Number of RV Lots: | 11 |
Utility Information
| Water: | City |
| Sewer: | City |
Video
Loading...