Mobile Home Park Details

  • Listing ID: 4650200
  • Posted On: Mar 12, 2024
  • Updated On: Jun 16, 2024

Description

This mobile home park "J & J" is a great income producing property. The mobile home park has 51 lots and a 4000sf metal span building. Currently the park owns 26 mobile homes, 2 of those are being renovated, additionally there are 5 mobile homes that are tenant owned and sellers receive lot rent. The metal span building also provides a dual purpose of storing boats for a fee and supplies for the park. There are concrete roads with the exception of a small section, two entrances and exits within the park.

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Park Information

Community Type: All Age
Number of MH Lots: 51
Total Occupancy: 60.0 %
Average MH Lot Rent: $175
Size: 8 acre(s)

Financial Information (Actual)

Gross Income: $195,458
Operating Expense: $116,248
Net Operating Income: $79,209
Expense Ratio: 59.5 %

Lot Information

Singlewide Lots: 51

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 26
Average Rent for Park-owned Homes: $650

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