Mobile Home Park Details
- Purchase Method: Seller Financing
- Listing ID: 1106079
- Posted On: Jul 12, 2019
- Updated On: Nov 18, 2019
Description
Price Reduction.
Stringtown MHP consists of - 15 spaces and 1 stick built home.
Park is on City Water and Septic.
Owner is in the process of installing new water meters.
*OWNER WILL CARRY*
Downpayment:
(Existing Note #1 $40,000) (Existing Note #2 $40,000) will need to be paid off
(Seller $40,000) - total down payment $120,000
Terms: Fully Amortized 3 years at 6%
*Selling due to partnership split.
Owner pays W/S/T (Value add opportunity - Add water meters and sub meter)
Rent roll / P&L / is attached.
Google Maps Link to drive the park: https://www.google.com/maps/@37.7733531,-84.8235841,3a,75y,24.41h,81.69t/data=!3m6!1e1!3m4!1sBwZhtsz8hQmomgRda_1NRg!2e0!7i13312!8i6656
Highlights:
Great Area Demand due to very few parks and high home prices
Area Vibes Livability Score:
https://www.areavibes.com/harrodsburg-ky/real-estate/
Safe for families (Very low Crime Rate)
4.4% Unemployment Rate
Tony Ferris
Tony@ParkPlaceEdu.com
951-536-3891
Park Information
Community Type: | All Age |
Number of MH Lots: | 16 |
Total Occupancy: | 90.0 % |
Year Built: | 1975 |
Average MH Lot Rent: | $200 |
Size: | 2 acre(s) |
Lot Information
Singlewide Lots: | 15 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 6 |
Average Rent for Park-owned Homes: | $400 |