Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 361689
  • Posted On: Feb 6, 2013
  • Updated On: Aug 31, 2014

Description

34 Spaces plus Expansion
7 Park Owned Homes
Private Water & Sewer
80% occupancy
9.75% cap rate
$700,000

Principals Only!

The Subject Property consists of 34 manufactured homes, of which, 28 are occupied.

The park is licensed for more spaces and could potentially handle 60+ homes; however some of these additional lots may be missing pads or obsolete.

The park is serviced by private well water and a septic system; both of which are in good-usable condition. The park does have a licensed operator.

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

Park Information

Community Type: All Age
Number of MH Lots: 34
Total Occupancy: 82.5 %
Average MH Lot Rent: $300

Utility Information

Water: Well
Sewer: Septic

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