Contact Information
Connor Meyette
Mobile Home Park Details
- Price: $175,000
- Purchase Method: Cash
- Cap Rate: 12.4% (Pro Forma)
- Listing ID: 6935795
- Posted On: Jul 7, 2025
- Updated On: Aug 7, 2025
Description
This property features 3 Mobile homes being a 1993 - 3 bed/2 bath Doublewide, 1974 - 3 bed/1 bath singlewide, and 1975 2 bed/1.5 bath singlewide. The homes do need some repairs, however once completed these homes could bring in over $3,000 in rental income a month. The pro forma cap rate is calculated assuming a $175k sale with $30k renovations. All homes are on city water and septic. Property will be sold as-is. Buyer to verify all details regarding the property, subdividing, and zoning.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 3 |
| Size: | 1 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $32,000 |
| Operating Expense: | $6,500 |
| Net Operating Income: | $25,500 |
| Expense Ratio: | 20.3 % |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $1,000 |
