Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 424459
- Posted On: Feb 10, 2014
- Updated On: Aug 19, 2015
Description
GREAT LOCATION this park is located just approx. 2.5mi off I-20 in coldwater area of Oxford AL. Close to HONDA manufacturing plant, KRONA SPAN flooring manufacture and Anniston Army Depot. VERY strong and stable area
park has 10 lots and comes with 8homes ALL 3br-2ba 1-double 6-16X80's and 1-14X70 all are in good shape and have tenants on lease sale agreements. park has separate water meters so you don't have to worry with large bills. Has dumpster $100/mo tax&ins=$200/mo monthly revenue of $3,600.00 = over $43,000.00/yr
This is one of the best deals ive ever seen at $199,900.00
This thing cash flows and pays for itself in 5yrs
Call Chris at 256-525-9149
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information
| Gross Income: | $43 |
| Operating Expense: | $3 |
| Net Operating Income: | $40 |
| Expense Ratio: | 7.0 % |
Lot Information
| Singlewide Lots: | 6 |
| Doublewide Lots: | 4 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $3,008 |