Contact Information
Jason Bergan
License: S65228000
Mobile Home Park Details
- Price: $358,000
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 6994239
- Posted On: Nov 20, 2025
- Updated On: Dec 29, 2025
Description
Subject Property
The subject property is located on a single, park-owned street. Each home is owned by the tenants. The tenants are responsible for the upkeep of their lot.
There are 12 homes on-site. Of which, 11 are occupied. All vacant lots have utilities, allowing for immediate in-fill upon purchase.
Current ownership has a local manager in place that would continue to manage the park after the sale.
Utility Infrastructure and Billing
Water, sewer, and electricity are 100% public utilities, provided by the city of Auburn. Garbage is provided by American Recycling.
The tenants are billed $56.00 per month in addition to lot rent in order to pay for water, sewer and trash services. The lots are not sub-metered for water/sewer usage.
Natural gas is provided Black Hills Energy.
Electricity and natural gas are directly billed by the provider to the tenants.
Vacant Home Ready to In-Fill
The tenant in Lot 10 recently moved out and handed the title over to the community owner. The park owner is planning to sell the home before the sale of the community, but if the home is not sold prior to the community, the title will transfer to the new community owner.
Location
Location Summary
Auburn, Nebraska is home to nearly 3,500 people and is located 60 miles directly south from Omaha.
The median home value is $98,900, with 43% of residents currently renting their homes.
The median household income is about $60,000 and the average commute time to work for an Auburn resident is 25 minutes per day.
The largest employment industries in Auburn are Utility Services (14.8%), Educational Services (12.6%), and Manufacturing (11.2%).
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $350 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $63,369 |
| Operating Expense: | $20,183 |
| Net Operating Income: | $43,186 |
| Expense Ratio: | 31.8 % |
Lot Information
| Singlewide Lots: | 16 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |