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Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
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Photo of Multi Family Housing
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Photo of trailer park
Photo of Multi Family Housing
Photo of Multi Family Housing
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Photo of Mobile Home Park
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Photo of trailer 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
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Photo of Multi Family Housing
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Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Land: This is land for developing a mobile home park
  • Listing ID: 549967
  • Posted On: Jul 28, 2015
  • Updated On: Aug 2, 2017

Description

20 unit mobile home park
18 park owned mobile homes and 1 house and 1 lot rent unit
Price= $649,900.00

Sits on approximately 4 acres
Generates roughly $8300 dollors monthly gross when full
generally 90% occupied year around
City water and city sewer
Tenants pay all there own utilities except trash

These are the expenses for the park
Insurance and taxes= $ 300.00 per month This includes Million dollar Liability policy
Trash = $180.00 per month
Lights for shop = $25.00 per month
Maintenance = $500.00 per month on average

Serious buyers: Tax returns can be provided with signed Non-Disclosure Agreement.
MLS#115265
Contact Brittany Evans with Crye-Leike REALTORS in Hot Springs Arkansas.
Cell: 501-620-3588 or Office 501-321-0800. Email: brittanyevans79@gmail.com

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 90.0 %
Year Built: 1970
Average MH Lot Rent: $400
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $8,300
Operating Expense: $1,000
Net Operating Income: $7,300
Expense Ratio: 12.0 %

Lot Information

Singlewide Lots: 18

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $400

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