Mobile Home Park Details
- Cap Rate: 7.5%
- Listing ID: 14630
- Posted On: Jul 20, 2010
- Updated On: Jul 14, 2011
Description
This is an older park between Redding and Anderson just off of Highway 273. Well established and very stable population of older and some newer single and double wide units. Great location in a rural setting still close in for convenient shopping, work, and play. MHP is a turn key operation, with little work needed on minor items. This is an ideal park for an investor group or for a live on site owner. One of park owned units could be manager unit, as it was previously. Video will be on YouTube see ronlargentcommercial and photos and financials available by e-mail or see www.ronlargent.com
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Park Information
Number of MH Lots: | 51 |
Total Occupancy: | 95.0 % |
Year Built: | 1965 |
Average MH Lot Rent: | $250 |
Size: | 3 acre(s) |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $400 |