There is a total of 5 lots with each lot containing 2 single wide mobile home units. Each lot is a separate parcel of land comprising approximately 1 acre. Up to 10 mobile home units to be sold and 8 units on 4 lots are currently available for sale. The 5th lot can be available in 36 months and can be a condition of current purchase to lock in purchase and price of 5th lot, if purchaser wants to purchase all 5 lots. In addition there is a separate 6th lot with garages only that can also be purchased within 36 months and be a condition of current purchase. Each mobile home unit currently rents for $690/month for both lot and mobile home (the park owns all lots and mobile homes). The garages currently have a total rent of $300/month and there are 3 garages. Offering price is based on how many lots to be purchased. Minimum number of lots is 3. However, all 5 lots and garages lot can be purchased currently under the conditions stated above. All units except for 2 are 2010 or newer and are built to residential building code standards and all units are park owned. Each unit has public sewer and there is one well for each lot that services 2 homes. The street is paved and is dedicated to the town so there is no street maintenance or snow removal. The tenants take care of their own lawn maintenance and driveway snow removal. There is a very small amount of common area that the owner maintains and the cost is minimal.
BUYER MUST BE SUFFICIENTLY CAPITALIZED TO BE ABLE TO OBTAIN FINANCIAL INSTITUTION FINANCING.
See attached document for further details and financial data
NOTE: any gas rights that may become available are not included.