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 |