Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1111811
- Posted On: Jul 26, 2019
- Updated On: Jul 19, 2021
Description
STARTER PARK!
Fully leased!
Unique opportunity for multi-family developer to pick up on a project not fully complete. Current owners have prepared infrastructure for this potential 10-12 home site and have completed 4 stand-alone units. These homes built in 2018 and are each situated on a private septic tank. This parcel is in Benton County so zoning will not interfere with another developer's completion or expansion of this project. There are two parcels included in this sale for total acreage of approximately 3.2 acres.
Homes are approximately 600 (30 x 20) square feet and have an attractive great room with kitchen, bedroom with full bath and front porch. The homes are furnished with washer/dryer, refrigerator, A/C unit and two adirondack chairs for the front porch. All 4 units are completely furnished and rented. All furnishings are included with the sale!
Site is on Highway 5, just south of the intersection with Highway 5.
The tenants pay $575 base rent and an additional $25 for trash and water. Each unit is separately metered for water and electric. Tenants pay their own electric bills and owner currently pays water. All 4 units currently leased.
Park Information
Community Type: | All Age |
Number of MH Lots: | 4 |
Total Occupancy: | 100.0 % |
Year Built: | 2018 |
Average MH Lot Rent: | $600 |
Size: | 3 acre(s) |
Financial Information
Gross Income: | $28,800 |
Lot Information
Doublewide Lots: | 4 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |