Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Entrance to Mobile Home section
Entrance to Mobile Home section
Park Sign
Park Sign
RV park east
RV park east
RV park west
RV park west
RV park pull thru
RV park pull thru
mobile home
mobile home
Photo of Mobile Home Park
Photo of Mobile Home Park
Entrance to Mobile Home section
Park Sign
RV park east
RV park west
RV park pull thru
mobile home

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 868773
  • Posted On: Oct 14, 2017
  • Updated On: Jan 22, 2018

Description

Park has 32 permitted mobile home sites, 31 permitted RV sites, and one house on a foundation. Park is located within city limits of Mobile on public water and public sewer. Water and electricity is direct-billed to mobile homes. Park bills some RV’s for electricity - others, electricity is included in lot rent. Most RV’s have park provided water. Neighborhood is good residential with shops nearby. Residents know park is for sale. You may tour anytime. Park manager knows park is for sale and would like to stay.

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 63
Total Occupancy: 90.0 %
Year Built: 1960
Average MH Lot Rent: $210
Size: 7 acre(s)

Financial Information

Gross Income: $246,000
Operating Expense: $115,000
Net Operating Income: $131,000
Expense Ratio: 46.7 %

RV Information

Number of RV Lots: 31
Average RV Lot Rent: $410

Utility Information

Water: City
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 24
Average Rent for Park-owned Homes: $550

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