Mobile Home Park Details

  • Listing ID: 1414417
  • Posted On: Mar 29, 2021
  • Updated On: Jul 28, 2021

Description

Opportunity at it's finest. This owner managed property features a commercial building and 12 mobile home lots with the ability to add more. Currently 11 spots are rented out with the owner owning 6 of the units. Sitting on 4.2 acres of land you can keep a peace of mind knowing all units are hooked up to city water, sewer, electricity, each unit is metered separately and the tenants maintain their own grounds. Current cap rate is around 10%

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Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 90.0 %

Financial Information

Gross Income: $78,000

Lot Information

Singlewide Lots: 11

Utility Information

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

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