Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1226595
  • Posted On: Mar 11, 2020
  • Updated On: Jul 21, 2020

Description

Up for sale is licensed for 65 unit mobile home park with 28 occupied. All of the mobile homes are tenant owned making it an easy head ache free investment. Mobile home park is located in southwest Florida. This has so much potential but I just don't have the time or resources to add additional units. Not looking for a partnership and not looking for owner finance. You maybe able to finance with the local bank as I have previously. If you have a partner please make sure you and your partner agree to a price. Please do not waste my time. If you are looking to purchase outright give me a call if you're looking to just wholesale or flip the park this is not your deal.

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Park Information

Community Type: All Age
Number of MH Lots: 26
Average MH Lot Rent: $275
Size: 6 acre(s)

Financial Information

Gross Income: $85,800
Operating Expense: $26,900
Net Operating Income: $62,900
Expense Ratio: 31.4 %

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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