Contact Information
Andria Strittmatter
Mhp 360
Mhp 360
Mobile Home Park Details
- Price: $199,000
- Purchase Method: Cash, New Loan
- Cap Rate: 7.7%
- Listing ID: 6989287
- Posted On: Nov 13, 2025
- Updated On: Dec 5, 2025
Description
Investment Highlights:
5 home sites, 100% resident-owned and fully occupied
Municipal water/sewer, direct-billed to residents
No park-owned homes, no rentals, no onsite employees
Last rent increase of $25/site in Oct 2024
Financials: Price $199,000 | Gross Income $21,000 | Expenses $4,580 | NOI $15,370 | Approx. 7.7% cap rate
Turnkey, low-touch operations in a stable Midwest market with strong employment drivers
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |