Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 860514
  • Posted On: Sep 19, 2017
  • Updated On: Jan 4, 2018

Description

A Rare Opportunity To Expand! And Completely Renovated.
This 20 space park is nestled between Mebane and Burlington in the City limits of Graham. The park has been under complete renovation for the past two years. New Water Lines with individual meters- Renovated Homes with New HVAC's and Kitchens. Four new homes (2017) added to park this year. And much more. Approval and survey has been done to add 10 additional lots to the rear of the property. It is 100% occupied. This park has come a long way and is ready for an investor looking for a turnkey opportunity. We are not offering owner financing on this property. For serious inquiries please call Debbie at 919-218-2900 or email for more info. SpanishOaksllc@icloud.com

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

Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 100.0 %
Average MH Lot Rent: $200
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $103
Operating Expense: $31
Net Operating Income: $72
Expense Ratio: 30.1 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $10