Contact Information
Lynn Votow
New Beginning Trailer Court LLC
New Beginning Trailer Court LLC
Mobile Home Park Details
- Price: $700,000
- Purchase Method: Cash
- Cap Rate: 20.8% (Pro Forma)
- Listing ID: 6878799
- Posted On: Apr 28, 2025
- Updated On: Apr 30, 2025
Description
2.41 acres, licensed for 25 trailers currently has 15 trailers with 13 occupied. All trailers are owned by the trailer court. Also 4 bedroom 2 full bathroom house with a one car garage is part of the property. 2 car garage also on property. One block off of main street, prime location. Property is zoned business/commercial. Email for details. Serious inquires only. Buyers must provide proof of funds or financing pre-approved prior to showing.
Location
Right off main street in Wahpeton, kiddy corner to the grocery store and lots of businesses close by.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 25 |
| Total Occupancy: | 82.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $700 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $145,800 |
| Operating Expense: | $10,315 |
| Net Operating Income: | $135,485 |
| Expense Ratio: | 7.1 % |
| Debt Info: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
