Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.5%
- Listing ID: 1249734
- Posted On: May 1, 2020
- Updated On: Aug 24, 2021
Description
2 nearby parks, combined 25 spaces: 13 lot rent, 8 park owned homes, 5 vacant spaces. City water individually metered and directly billed to tenants, all but 2 spaces in each park on 1:1 septic ratio. POH's recently (and extravagantly) remodeled, all but 2 with new heat pumps. App $20k per year in lost income due to under priced rents!
Location
Winston-Salem NC MSA, between Winston Salem & Lexington
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Park Information
| Number of MH Lots: | 25 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
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