Contact Information
Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)
Mobile Home Park Details
- Price: $429,000
- Purchase Method: Cash, New Loan
- Cap Rate: 13.1%
- Listing ID: 7029140
- Posted On: Apr 23, 2026
- Updated On: Apr 24, 2026
Description
This 6-pad community, along with two duplex buildings, offers a total of 10 units and is being offered as part of a portfolio currently undergoing refinance if not sold prior. The property is serviced by city water and city sewer, with all utilities—including water, electric, gas, and trash—directly billed to tenants, helping maintain low operating expenses. All mobile homes are park-owned with rents ranging from $675 to $800 per month, while the duplex units generate between $500 and $900 per month. The asset provides a stable income stream with a diversified unit mix.
Additional details available upon request. No seller financing is available.
(Jonathan Fisher is a licensed IN managing broker under MR. LANDMAN, LLC, IN License #RB18000549.)
Location
Confidential. Location on supplied map on this website is not accurate.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 10 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1972 |
| Average MH Lot Rent: | $732 |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $66,000 |
| Operating Expense: | $9,800 |
| Net Operating Income: | $56,200 |
| Expense Ratio: | 14.8 % |
| Debt Info: | No seller financing is available. |
Lot Information
| Singlewide Lots: | 6 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 10 |
| Average Rent for Park-owned Homes: | $732 |
