Contact Information

Mobile Home Park Details

  • Price: $495,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6877463
  • Posted On: Apr 25, 2025
  • Updated On: Apr 25, 2025

Description

9 lot mobile home park with option to add one more lot. park is stable income and require minimal little maintenance. Owner lives out of state. Property tax $1150 a year No onsite management needed The main expense is water sewer which can easily be sub metered

Location

Mancos Colorado

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Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $500
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $54,000
Operating Expense: $11,000
Net Operating Income: $42,500
Expense Ratio: 20.4 %

Lot Information

Singlewide Lots: 9

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $1,100