Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 12.8%
- Listing ID: 421941
- Posted On: Jan 20, 2014
- Updated On: Aug 4, 2014
Description
Just 20 miles outside of Steamboat Springs, the community of Oak Creek is at the center of Ski Country, USA. This manufactured home community offers 22 mobile home sites, as well as a convenient location and proximity to some of the best ski slopes that the Rockies have to offer. Located in Routt County, Oak Creek is surrounded by hundreds of acres of National Forest, and is close to the Yampa River, as well as many lakes, hot springs and trail systems – a veritable outdoorsman’s paradise.
Due to a high demand for affordable housing with proximity to Steamboat Springs, Oak Creek is an excellent investment opportunity. As of July 2013, the community was at 77% occupancy and each home provided $350 in monthly rent.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 77.0 % |
| Year Built: | 1971 |
| Average MH Lot Rent: | $350 |
| Size: | 3 acre(s) |
Financial Information
| Net Operating Income: | $51 |
Lot Information
| Singlewide Lots: | 22 |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Average Rent for Park-owned Homes: | $350 |
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