Contact Information

Mobile Home Park Details

  • Price: $400,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6801237
  • Posted On: Jan 8, 2025
  • Updated On: Jan 8, 2025

Description

The community has a total of (15) lots.
There are (9) Park Owned Homes, and (6) Vacant Lots
All lots have city water and septic tanks
All lots have individually metered electricity billed directly to the tenants.
The Median Home Price in (Luthersville) is ($227,000)
The road is paved
Most homes in the park are 2007 models
2 homes at $750, 3 homes at $700, 2 homes at $600, 1 home at $525, 1 home is vacant
All mobile homes are 3 bedrooms and 2 bathrooms except one home

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

Park Information

Number of MH Lots: 15
Total Occupancy: 60.0 %

Financial Information (Pro Forma)

Gross Income: $116,400
Operating Expense: $13,846
Net Operating Income: $102,553
Expense Ratio: 11.9 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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