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
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
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 % |
Lot Information
| Singlewide Lots: | 31 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 3 |
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 |
