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Contact Information

Peters Rental LLC
Peters Rental LLC

Mobile Home Park Details

  • Price: $1,100,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.0% (Actual)
  • Listing ID: 6898635
  • Posted On: May 14, 2025
  • Updated On: Jul 4, 2026

Description

Location, location, location! I have a well-established mobile home park with 17 units, as well as a single-family hall situated on 5.54 acres. The average lot rent is currently $355 per month. However, rents have been increasing and have more upside to go in rents. Rents in the Traid Area a lot rents are going anywhere between $400-$500 a Month. The house is currently not being rented. The income is strictly from the MHP itself. Please note that there are no park-owned homes here; all rents are lot-based. The park is conveniently located a couple of miles from the advanced hospital, as well as other shopping and restaurants. Please refrain from disturbing the tenants in the park or the single-family house.
Not willing to do owner financing.

Location

Triad NC area

Amenities

  • Pet Friendly
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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 100.0 %
Average MH Lot Rent: $355
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $72,420
Operating Expense: $16,575
Net Operating Income: $55,845
Expense Ratio: 22.9 %

Lot Information

Singlewide Lots: 16
Doublewide Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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