Mobile Home Park Details

  • Cap Rate: 18.0%
  • Listing ID: 13218
  • Posted On: Jun 2, 2010
  • Updated On: Oct 19, 2010

Description

18-lot Mobile Home Park in VERNAL, UT. RENTALS NEEDED in Vernal with all the oil/gas workers! Easy to rent out.

5 YEAR LEASES ON 13 of the Lot Spaces!!! Rents = $7,650 W/1 Vacant Space

LOW, LOW Overhead = Water is on Well - Sewer is on Septic - Property taxes $480/year - LOW, LOW MAINTENANCE & OVERHEAD!!!

Gas/Oil prices are on the rise AGAIN!!! 80% of oil/gas coming out of Vernal is natural gas - CLEAN ENERGY - GREAT INVESTMENT POTENTIAL!

801-712-4697 Owner acting as own agent
Agents please add BAC to purchase price-THANKS

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 18
Total Occupancy: 98.0 %
Year Built: 1989
Average MH Lot Rent: $450