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Contact Information

Mobile Home Park Details

  • Price: $225,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.3% (Actual)
  • Listing ID: 6979087
  • Posted On: Oct 2, 2025
  • Updated On: Oct 2, 2025

Description

This manufactured housing community consists of a 12 lot park, served by 100% public utilities located in Elwood, Nebraska. Elwood like much of rural Nebraska, faces increased affordable housing demand which further strengthens new ownerships position. The community is comprised of a total of 12 lots, capable of supporting 11 manufactured homes and a single RV.

There are currently 8 occupied units, with 2 tenants each renting an additional lot for parking. Total occupied lot count is 10.

Contact Broker for additional information.

Location

Elwood is a welcoming village, and serves as the County seat for Gosper County, Nebraska. As the County seat, Elwood serves as a local hub for government and community events despite its modest population. Elwood is part of the Lexington MSA (25k+), and offers rural charm with ease of access to larger metros. Elwood is located within 20 minutes of Lexington, NE offering an easy commute to major employers in the area for community residents.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 12
Total Occupancy: 73.0 %
Average MH Lot Rent: $360

Financial Information (Actual)

Gross Income: $33,240
Operating Expense: $12,372
Net Operating Income: $20,900
Expense Ratio: 37.2 %

Lot Information

Singlewide Lots: 11

RV Information

Number of RV Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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