Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 1157329
- Posted On: Nov 18, 2019
- Updated On: May 18, 2020
Description
Owner Financing with $155K down. WHOLESALE PARK.- A GREAT starter park for someone who wants to grow their investment. 30 lots, city water and septic. One septic per 2 lots. Add 20 brand new homes, bump the existing tenants to $250 and create a valuation of nearly $800,000. Let me show you how to add 20 new homes ready to move in with around $5k out of pocket per home. All of the old junky homes will be removed by seller, which is almost all of them. Plumber says septic are good. A bank of 5 meter sockets and disconnects are $3400. I am getting quotes on paving as well. Fill this park with new homes and have a very profitable community.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 83.0 % |
| Average MH Lot Rent: | $150 |
| Size: | 5 acre(s) |
Lot Information
| Singlewide Lots: | 30 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |