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Millcreek Mobile Home & RV Park 101 Ouachita Road 471, Camden, AR 71701

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Mobile Home Park Details

  • Cap Rate: 10.1% (Actual)
  • Listing ID: 6727896
  • Posted On: Sep 13, 2024
  • Updated On: Jan 7, 2025

Description

Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342

Sands Investment Group is Pleased to Present Exclusively For Sale the Millcreek Mobile Home & RV Park Located at 101 Ouachita Road 471 in Camden, AR. This Deal is a 96 Lot Community;14 RV Full Hook Up Sites & 82 Mobile Home Sites. 35 Sites Currently Occupied Consisting of 21 Park Owned Mobile Homes, 8 Tenant Owned Homes & 6 RVs. All Tenants Are Currently on a Lease, Providing For a Secured Investment.

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Park Information

Community Type: All Age
Number of MH Lots: 85
Size: 21 acre(s)

Financial Information (Actual)

Gross Income: $201,000
Operating Expense: $69,270
Net Operating Income: $131,730
Expense Ratio: 34.5 %

RV Information

Number of RV Lots: 14

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 21