Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 556686
- Posted On: Sep 2, 2015
- Updated On: Nov 10, 2015
Description
Almost 22 acres half way developed with 88 mobile home sites and 2 RV sites. Considered a 4 star park with paved streets off street parking and street lights city water sewer and trash pickup. Farmville has plenty of employment with 2 colleges several prisons close by and one of the largest furniture suppliers on the east coast. Close to Richmond and Lynchburg and major highways monthly income over $30,000. Develop now or expand over time property zoned 8 units per acre may consider owner financing with 40% down.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 90 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $235 |
| Size: | 22 acre(s) |
Financial Information
| Gross Income: | $360 |
| Operating Expense: | $2 |
| Expense Ratio: | 0.6 % |
Lot Information
| Singlewide Lots: | 88 |
RV Information
| Number of RV Lots: | 2 |
| Average RV Lot Rent: | $235 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 40 |
| Average Rent for Park-owned Homes: | $525 |