Mobile Home Park Details

  • Price:
  • Property ID: 978532
  • Posted on Aug 15, 2018

Property Description

Country Life Mobile Home Park is a well established and profitable mobile home park in Jennings, LA that has 26 lots. Twenty-one mobile homes are park owned, 1 mobile home is tenant owned, 2 lots are camper lots, and 2 lots are currently vacant. Many of the tenants are elderly and have been dependable renters or quite some time. The park owned mobile homes mostly stay 100% occupied and I get weekly calls inquiring about vacancies. Park is on city water and city sewer. The property is a total of 4.05 acres. There is about one acre in the back that can fit probably around 10 more trailers or campers. The sale also includes a leaf sweeper, a wagon, sewer snake cleanout, 5 storage buildings, assorted pipe fittings, parts and paint supplies, and 2 lavatories with sinks. There is a local handy man that does most all of the repairs. Please do not disturb tenants or inform them that the park is for sale.

Expenses for August 2018: Monthly: Electricity $46.00, trash $351.00, water/sewer $935.00. Lawn care is maintained mostly by owners $100

Yearly Expenses: property insurance $2,767.00 and property tax $2165.14.

I will send more financial information upon request. I also have suggestions for improving cash flow.


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Park Information

Community Type: All Age
Number of MH Lots: 26
Total Occupancy: 85.0 %
Average MH Lot Rent: $500
Size: 4.1 acre(s)

Lot Information

Singlewide Lots: 26
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $350

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 21
Average Rent for Park-owned Homes: $500

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