Mobile Home Park Details

  • Cap Rate: 3.3%
  • Listing ID: 1536435
  • Posted On: Oct 14, 2021
  • Updated On: Jan 4, 2022

Description

https://estersonmhcteam.​com/property/sunset-mhp

Contact Dylan Hellberg for more information

Seller Financing Available

Located in the Warner Robins, GA MSA, this is a value add opportunity with small infill component and immense upside in lot rent.​ This park is located in an opportunity zone.​
Sunset MHC is a value-add opportunity that consists of 20 MH lots with 13 tenant owned homes, 4 rent to own units, 1 vacant park owned home, and 2 vacant MH lots.​ The average lot rental rate is $122 per month, and the average rent to own payment is $407 per month.​

The park is a year-round, all-ages community that is serviced by public water and sewer that’s billed directly to tenants.​ Electricity and trash are also billed directly to tenants.​ Trash is serviced by curbside bins.​ The vacant park owned home is an older model and in very rough condition.​ The vacant lots are active and are ready for homes to the best of our knowledge.​ The roads are paved and in average shape as our offering price suggests.​

We are asking that investors submit offers at or above $300,000.​ Seller financing is available for qualified buyers on this deal.​

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 20
Total Occupancy: 85.0 %
Average MH Lot Rent: $122
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $25,088
Net Operating Income: $8,249

Utility Information

Water: City
Sewer: City

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