Partnership Split (Back On The Market)
* Serious Inquiries Only!
* No Bank Financing Needed!
* If you can't buy out the existing note (Please save us both time).

I will carry the note.
Buyout of existing note: $220,000 + $60,000 = $280,000 If you don't have this, there are no creative options.

Seller Carry Note: $169,000 (Terms 10yr. Fully Amortized/ 7% Interest) Payment $1,962.23

Purchase Price: $449,000 Not willing to negotiate (No Tire Kickers) Over 500 buyers contacted us.

Turn Key 20 Space mobile home park with upside potential for the new owner.

Site Manager: No. The park has been set up with systems. There is very little to no activity on a day to day (or month to month) basis.

Reason For Sale: Partnership Split.

Cottonwood MHP has a total of:
17 Tenant Owned Homes (Long Term Residents 10+ years)
1 Park Owned Home (Vacant) Title needs to be taken over
1 Vacant Space ready for a new home
1 Apartment (Long Term Resident)

Park is licensed for 20 spaces.

Cottonwood Mobile home park sits on 1.90 acres of commercial property located right on Broadway.

With only 3 parks currently for sale in Idaho, don’t miss out on this opportunity.

Nearly 100% of the residents have lived there for well over a decade.

Nearly 100% Tennant Owned Homes

Residents have been trained to deposit rents directly to Wells Fargo (a few blocks from the park).

Very high percentage of farm workers / Spanish speaking (Excellent at paying).

Rents have not been raised in over 7 years

Contact Tony Ferris
Tony@parkplaceedu.com