Contact Information
Jason Bergan
License: S65228000
Mobile Home Park Details
- Price: $425,000
- Purchase Method: Cash, New Loan
- Cap Rate: 10.7% (Actual)
- Listing ID: 6979086
- Posted On: Oct 2, 2025
- Updated On: Oct 2, 2025
Description
This investment opportunity features a stabilized, fully occupied manufactured housing community located in North Platte, Nebraska, the 11th largest metro in the state, with a resident population of approximately 22,500. The community consists of 10 tenant-owned homes (TOH), providing consistent income without POH maintenance responsibilities.
This asset represents a low-risk, stabilized investment featuring 100% occupancy and tenant-owned homes. With all utilities/services paid by tenants, the property delivers predictable cash flow and reduced operating expenses, enhancing overall yield for new ownership.
Water: Well (Owner)
Sewer: City Sewer (Tenant)
Location
North Platte, NE is located in west-central Nebraska and is a regional hub, known for its strong ties to the rail industry, and growing community amenities. Having a population of approximately 23,000, the City offers a blend of small-town charm and essential urban conveniences.
Park Information
| Number of MH Lots: | 10 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $470 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $55,800 |
| Operating Expense: | $11,000 |
| Net Operating Income: | $45,700 |
| Expense Ratio: | 19.7 % |
Lot Information
| Singlewide Lots: | 10 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |