Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.2%
- Listing ID: 1474571
- Posted On: Jul 9, 2021
- Updated On: Feb 23, 2022
Description
75 Acres!
137 Licensed Lots
169 Total Lots (With RV pads)
55 Owner Occupied Lots @ $225
7 Park Owned @ $582
54 Vacant Lots
3 Park Owned RV’s Avg 515
1 Office (converted mobile home)
1 Tiny Home @ $1200
1 5BD Home @ $1800
15 mobile home lots converted to 46 RV pads
(60% Occupancy) Avg $500
*New WIFI System put into most of park.
*Only RV park around
*New Solar Farms in town, Workers need more affordable housing.
* 75 Acres, !/2 acre lots for most of the park.
*Firepit/Family entertaining area
Have a Park to Sell ?
We want to help!
Contact Frank at 727-592-2418
info@birchrealty.com
Location
Douglas is a city in Coffee County, Georgia, United States. The city has a population of 11,589. Douglas is the county seat of Coffee County and the core city of the Douglas, Georgia Micropolitan Statistical Area, which had a population of 50,731
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 102 |
| Total Occupancy: | 61.0 % |
| Year Built: | 1995 |
| Average MH Lot Rent: | $225 |
| Size: | 75 acre(s) |
Financial Information (Actual)
| Gross Income: | $408,000 |
| Operating Expense: | $104,090 |
| Net Operating Income: | $303,910 |
| Expense Ratio: | 25.5 % |
RV Information
| Number of RV Lots: | 46 |
| Average RV Lot Rent: | $500 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $583 |
