Contact Information

Mobile Home Park Details

  • Price: $915,000
  • Purchase Method: Cash
  • Listing ID: 6451675
  • Posted On: Jun 28, 2024
  • Updated On: Jul 4, 2024


This 44-lot mobile home park in Muscatine, IA offers an excellent investment opportunity. Key highlights include:

38 occupied lots with tenant-owned homes and a single-family home on the property

Recently raised lot rent to $320, with market potential of $450

Additional income from a single-family home on the property

Well-maintained infrastructure with PVC water and sewer lines

Private well (240 ft deep) and septic system with new leech pipes

Asphalt roads throughout the park

Established park with most homes from the 1970s-1990s

On-site management and maintenance staff

Potential for increased NOI with full occupancy and market-rate rents

Convenient location with nearby comparable parks charging higher rents


Please email or call for full address!

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

Park Information

Community Type: All Age
Number of MH Lots: 44
Total Occupancy: 38.0 %
Year Built: 1970
Average MH Lot Rent: $320
Size: 8 acre(s)

Financial Information (Pro Forma)

Gross Income: $237,600
Operating Expense: $71,280
Net Operating Income: $166,320
Expense Ratio: 30.0 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Other Listings by Mac Napurano

Similar Mobile Home Parks for Sale