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Mobile Home Park Details

  • Price: $1,100,000
  • Property ID: 988784
  • Posted on Sep 12, 2018

Property Description

The MHP Broker announces the sale of BRIDGETON RV & MOBILE HOME PARK in New Bern NC. Well located, stabilized MHP with plenty of up-side in strong market. The park has 36 lots with 22 lot-rent-only tenants (12 MHP, 10 RV). There are 0 vacant lots and current occupancy is roughly 100%. Bridgeton RV & MHP has septic (RV shared) and city water that is directly billed to the
MHP tenants and included in the rent for RV tenants. There are 13 park-owned homes (8 MHP, 5 RV), with the average model being 1986 for MHP and 2005 for RV, and all homes are in good condition. The tenant-owned units are in good shape with majority of them being 1980’s and 1990's models. The privately-maintained roads are both paved and gravel. Roads are in average condition, as our offering price suggests. The commu- nity is NOT in a flood zone. Bridgeton RV & MHP is located in an excellent area near all amenities close to downtown New Bern and 115 miles from downtown Raleigh.

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Park Information

Number of MH Lots: 36
Total Occupancy: 100.0 %
Average MH Lot Rent: $274
Size: 8.7 acre(s)

RV Information

Number of RV Lots: 5
Average RV Lot Rent: $190

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 13
Average Rent for Park-owned Homes: $291

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