Contact Information
Paul Mcniel
Mobile Home Park Details
- Price: $2,460,000
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0% (Actual)
- Listing ID: 7028007
- Posted On: Apr 17, 2026
- Updated On: Apr 23, 2026
Description
You won't find a more stable, solid park. All long term, reliable residents who pay on time. Excellent location in town: convenient and quiet, surrounded by $350k-600K homes. Honestly, if you went to $800 lot rents, you wouldn't lose any tenants (I don't have the heart for it). City utilities (water is submetered through Metron). All tenants are on Paylease/Zego/Cashpay so there is pretty much no management. No common areas. It is kinda the perfect park. I wouldn't sell, but had unexpected liquidity needs.
Anchorage is a beautiful and industrious city that is being discovered. With development bounded on all sides, it has a tightening housing market. It has a growing and diverse economy, with the two main economic drivers being defense and oil; two sectors that are looking very strong this next decade. As with many strong urban parks, $1000/mo lot rents are likely in the 5-10yr timeframe.
Park is a great excuse to travel for hiking, fishing, hunting, etc. Picture is of seller with king salmon caught 10 minutes from park.
Property is in a Qualified Opportunity Zone ( https://www.irs.gov/credits-deductions/businesses/opportunity-zones )
Also, a reminder that everything outside of the land value in this park (with no structures) is a 15yr or less depreciation class. Thus the purchaser can bonus depreciate around $2M of purchase price. Ask your CPA about bonus depreciation.
You can text 252-375-4569 or email mcniel6@yahoo.com
Location
4203 Wilson St.
Short distance to Lowe's, Walmart, Hospital, Airport, etc.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Year Built: | 1973 |
| Average MH Lot Rent: | $620 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $200,880 |
| Operating Expense: | $28,456 |
| Net Operating Income: | $172,424 |
| Expense Ratio: | 14.2 % |
| Debt Info: | Presently has loan with Northrim Bank. |
Lot Information
| Singlewide Lots: | 24 |
| Doublewide Lots: | 3 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |