Contact Information

Mobile Home Park Details

  • Price: $150,000
  • Purchase Method: Cash
  • Cap Rate: 14.0% (Pro Forma)
  • Listing ID: 6935795
  • Posted On: Jul 7, 2025
  • Updated On: Sep 12, 2025

Description

This property features 3 Mobile homes being a 1993 - 3 bed/2 bath Doublewide, 1990 - 3 bed/1 bath singlewide, and 1974 2 bed/1.5 bath singlewide. All roofs are solid with no leaks. One home can be move-in / rent ready with minimal repairs and the remaining homes do need additional work, 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 $150k 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

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