Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1267130
- Posted On: Jun 5, 2020
- Updated On: Jun 4, 2021
Description
NEW - PRICE DROP - Price includes 48 POH (18 vacant) & 5 mortgage notes + office trailer. Several homes mfr'd 2015 & later.
Excellent stabilized value-add opportunity. New water and sewer lines installed park-wide in 2013. (City provides water/sewer service). Water submetered and billed back. Polycart trash pickup. Approvals for RV lots on empty lots on 400-row (see map). Videos available @ https://drive.google.com/drive/folders/1T6crz9luQw9-B0aLMlZKKB7EockniGc-?usp=sharing
Location
New "bike-friendly" street improvement running in front of park. Half-mile from Walmart superstore.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 101 |
| Total Occupancy: | 50.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $295 |
| Size: | 12 acre(s) |
Financial Information
| Debt Info: | No debt. For remaining info, see uploaded financials document PDF. |
Lot Information
| Singlewide Lots: | 82 |
| Doublewide Lots: | 12 |
| Triplewide Lots: | 0 |
RV Information
| Number of RV Lots: | 7 |
| Average RV Lot Rent: | $300 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 48 |
| Average Rent for Park-owned Homes: | $430 |
