Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 3525929
- Posted On: Aug 15, 2023
- Updated On: Dec 9, 2023
Description
Don't miss out on this exceptional opportunity to own and expand a Mobile Home & RV Park situated just half a mile away from the thriving Saracen Casino Resort! This prime location guarantees an influx of potential customers, making it an ideal investment for both workers and visitors seeking comfortable accommodations.
With recent upgrades, including new power poles and a new main panel, all electrical systems are up-to-date and ready to serve your guests' needs. The park currently occupies only 10 acres of the available 15, leaving ample space for expansion and the possibility of increasing profitability.
By implementing effective marketing strategies and efficient management practices, you have the potential to more than double the current profits. The demand for quality housing and convenient lodging options in close proximity to the casino presents a unique opportunity for growth and success.
Take advantage of this outstanding chance to tap into the booming hospitality industry in this desirable location. Whether you're an experienced investor or an aspiring entrepreneur, this Mobile Home & RV Park business offers tremendous potential and is poised for remarkable success.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 52 |
| Total Occupancy: | 52.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $175 |
| Size: | 15 acre(s) |
Financial Information (Actual)
| Gross Income: | $79,727 |
| Operating Expense: | $28,228 |
| Net Operating Income: | $51,499 |
| Expense Ratio: | 35.4 % |
Lot Information
| Singlewide Lots: | 52 |
RV Information
| Number of RV Lots: | 16 |
| Average RV Lot Rent: | $16 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $175 |