Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Land: This is land for developing a mobile home park
  • Cap Rate: 10.0%
  • Listing ID: 850494
  • Posted On: Aug 26, 2017
  • Updated On: Feb 26, 2018

Description

East of Cheyenne off Highway 30. North on Reese Road. Land can be used for further expansion to 44 lots and will have approx 10 acres for further expansion.

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

Park Information

Community Type: All Age
Number of MH Lots: 31
Total Occupancy: 85.0 %
Year Built: 1976
Average MH Lot Rent: $425
Size: 25 acre(s)

Financial Information (Actual)

Gross Income: $200,000
Operating Expense: $12,000
Net Operating Income: $188,400
Expense Ratio: 6.0 %
Debt Info: 850/mo on cfd mobiles

Lot Information

Doublewide Lots: 31

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 2
Average Rent for Park-owned Homes: $750