Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1507687
- Posted On: Sep 2, 2021
- Updated On: Nov 30, 2021
Description
Income property with 11 mobile homes and 1 small 2 BR home or office. 9 Mobile homes have recently been renovated, and the remaining units are in good condition. All roofs have been replaced or cleaned and 5 recoated with cool-white elastomeric.
Current gross monthly income is $8,159
Projected gross monthly income as of 1/1/2021.....$8,159.
Monthly expenses: Water, sewer and trash $1,050
Power (1 pole light) $ 20
Landscaping & pest control $ 300
Estimated property taxes $ 400
Repairs and replacement $ 500
Property Manager $ 300
Projected net monthly income $ 5,589.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 12 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1999 |
| Average MH Lot Rent: | $700 |
Financial Information
| Gross Income: | $8,159 |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $650 |
