Photo of Mobile Home Park
Plat
Median Income
Median Rent in Area
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 0.0% (Actual)
- Listing ID: 414213
- Posted On: Nov 12, 2013
- Updated On: May 12, 2014
Description
Parcel ID - 02-12-15-300-003.000-041
55.34 Acres
17 Occupied Lots
16 of 17 homes sold on Contract
Approx. $700,000.00 worth of outstanding contract money to be paid - Will go to buyer.
Zoning - MHP
42 Fully Developed Lots
132 Lots have Storm Water Retention in place
104 Lots have city sewer in place
128 Lots have city water
Lot Rent $225.00 per month
166 Total Lots Platted
1935 Sq. Ft. Brick Office/Club House
Club House Amenities
Large Meeting Room
Private Offices
Restrooms
Play Areas for children
***Email Agent for more information - Agent has all information in easy to share dropbox that can be accessed immediately (licences, drawings, etc.)***
Amenities
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 166 |
| Total Occupancy: | 10.0 % |
| Year Built: | 2001 |
| Average MH Lot Rent: | $225 |
| Size: | 55 acre(s) |
Financial Information (Actual)
| Gross Income: | $97,944 |
| Operating Expense: | $23,796 |
| Net Operating Income: | $74,148 |
| Expense Ratio: | 24.3 % |
Lot Information
| Singlewide Lots: | 0 |
| Doublewide Lots: | 166 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 16 |
| Average Rent for Park-owned Homes: | $500 |
