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Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 416779
  • Posted On: Nov 29, 2013
  • Updated On: Aug 20, 2014

Description

The park has a total of 12 houses with 6 of them park owned. There is enough room to bring in 5 more full size single-wides or 10 RV or tow behind trailers. The 6 park homes rent for $425 to $700/mo. The park is section 8 approved with average rents for 3 /2 of $700/mo. Lot rents go for $150 for RV/Tow-behinds to $225/mo for full size homes. The parks income as-is $1,175 current rents on non park owned homes and $1,750 on park owned homes with an additional potential $2,000 on non rented units. All park owned properties are clean and move in ready with ch/a, upgraded electric, metered water, city sewer. Some owner financing is available with large down payment.

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Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 50.0 %
Year Built: 1960
Average MH Lot Rent: $225
Size: 3 acre(s)

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $150

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 6
Average Rent for Park-owned Homes: $575