General Information:
Park located along the front range of Colorado (front range is from Ft. Collins CO south to Pueblo along I-25).  The location is good with good demographics, a strong employer base and good economic outlook. 

69 Spaces
5 vacant
all lots can hold 16x80 & some can accommodate double wide homes (homes are almost all 1990 or newer)
Park was built in 1996
City utilities all directly metered to tenants  (PVC water & Sewer Lines)
Lot rent is $260/ month
Includes 4 Bedroom stick built home.  Could be split off and sold - Average price for area $200k
Notes on POH - face value 400k. 
Has Clubhouse/Office

Roads are paved and maintained by park
Taxes are $3,900.00/ year (low)
 

Email your evaluation to perry@mhps.com  Remember.. try to stick to the following format:

NOI Calculation
Price based on NOI
Short basis for NOI & Price
Special considerations
Unknowns & how they would affect offer
General feeling about the deal

 

 


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