Contact Information

Mobile Home Park Details

  • Price: $1,250,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6907392
  • Posted On: May 28, 2025
  • Updated On: May 28, 2025

Description

Welcome to 2700 Cycle Drive, a prime investment opportunity in a thriving location. This mobile home park presents an excellent chance to own a lucrative income-generating property with plenty of potential for growth and expansion. Property Features: • Location: Situated in a convenient location, this mobile home park offers easy access to amenities, schools, and major transportation routes, making it an attractive option for residents. • Income Potential: The property's current rent roll is $17,850 monthly, providing a steady stream of income. Additionally, there is room for rent increases, allowing for even greater profitability. • Well-Maintained Grounds: The mobile home park features well-maintained grounds and infrastructure, ensuring a pleasant living environment for residents and minimizing maintenance costs for the owner. Investment Highlights: • Stable Income: Benefit from a stable income stream generated by the current rent roll, with the potential for further growth through rent. • Location Advantage: Located in a desirable area with access to amenities and transportation, making it an attractive option for tenants and ensuring high occupancy rates. • Opportunity for Value Enhancement: Take advantage of the opportunity to add four more units, increasing rental income and property value, and maximizing your return on investment.. Don't Miss Out on This Investment Opportunity! Don't miss the chance to acquire this income-generating property with significant potential for growth and expansion. Whether you're an experienced investor or seeking your first investment property, 2700 Cycle Drive offers a compelling opportunity to generate passive income and build long-term wealth.

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Park Information

Number of MH Lots: 26
Total Occupancy: 84.0 %
Average MH Lot Rent: $400
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $17,850

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 25
Average Rent for Park-owned Homes: $400

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