Contact Information

Mobile Home Park Details

  • Price: $75,000
  • Purchase Method: Cash
  • Cap Rate: 11.5%
  • Listing ID: 5542184
  • Posted On: May 5, 2024
  • Updated On: May 5, 2024

Description

2 Mobile Homes on 2 separate lots.
City Water and shared septic. However, $5,000 on record in town office to hook up to City Sewer if preferred.
1 TOH $350/mo. land fee
1 POH$350/mo. land fee plus $352/mo. loan payment. Payoff 7-1-26.

Location

104 & 105 Massanutten St. Edinburg, Va. 22824

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Park Information

Number of MH Lots: 2
Total Occupancy: 100.0 %
Average MH Lot Rent: $350

Financial Information (Actual)

Gross Income: $12,624
Operating Expense: $0
Net Operating Income: $12,624

RV Information

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

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $702

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