Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1031978
- Posted On: Feb 11, 2019
- Updated On: Jul 18, 2019
Description
Excellent opportunity to own an income producing mobile home park. Situated on 7.464 acres with 38 mobile homes sites and one single family house this property provides a unique opportunity to diversify one's portfolio. The property consists of 23 tenant owned homes and 9 FEMA owned homes all paying lot rent from $290-350/monthly. Owner's expenses are limited consisting of garbage pick up, property taxes and 5% property management fee. Each unit has separate meters for electric and municipal water/sewer.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 38 |
Total Occupancy: | 100.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $325 |
Size: | 8 acre(s) |
Lot Information
Singlewide Lots: | 38 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |