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

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 9.0%
  • Listing ID: 482885
  • Posted On: Nov 10, 2014
  • Updated On: Mar 21, 2022

Description

********** O W N E R F I N A N C I N G ********** 83 L O T S
WIN WIN WIN POTENTIAL POTENTIAL POTENTIAL
Wonderful mh/rv park that needs some love. Makes $ now, but wow, oh wow can it make a whole lot more! Frontage on busy hwy167N.
83 lots 50 MH lots 33rv lots 24 Storage lots 20 undeveloped lots

Amenities

  • Laundromat
  • Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 40.0 %
Year Built: 2000
Average MH Lot Rent: $105
Size: 30 acre(s)

Financial Information (Actual)

Gross Income: $68
Operating Expense: $36
Net Operating Income: $32
Expense Ratio: 52.9 %

Lot Information

Doublewide Lots: 50

RV Information

Number of RV Lots: 33
Average RV Lot Rent: $325

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $350