Mobile Home Park Details
- Purchase Method: Assumable Loan
- Listing ID: 12899
- Posted On: Jun 2, 2010
- Updated On: Dec 8, 2010
Description
3 Bedroom / 1 Bath Stick Built Home New well pump just installed 3 units now rented New management in place
Live in the Home and let the Mobile Home Park make your Payment!
4 Spaces Currently Occupied - 4 other spaces ready for homes
Potential rents are $350 / mo If all 8 spaces filled then 8 * $350 = $2,800 House rent at $400 / month Total potential rents = $3,200 / month
Out of State Owner does not have time to give the park the time needed to make it turn key.
Well and septic – septic recently serviced
Assumable Bank Financing Available!
Asking only $139,900
I would be open to partnership – if you can bring the sweat equity and some $$ to fix up.
This property is a bit “rough” and needs some fix up or clean up, perfect for handyman! Should be rentable with proper management and clean up. Also Section 8 is a real possibility after fix up – I spoke to the county about it and they are open to more units.
Location
447 Highway W Eldon, MOClose to Lake of the Ozarks � resort area. Highway W frontage - Between 3 and 4 acres 8 space mobile home park
Park Information
Number of MH Lots: | 8 |
Total Occupancy: | 50.0 % |
Average MH Lot Rent: | $350 |