Mobile Home Park Details

  • Purchase Method: Cash, New Loan, Assumable Loan
  • Listing ID: 1603570
  • Posted On: Feb 11, 2022
  • Updated On: May 16, 2022

Description

VALUE-ADDED SMALL PARK ON 1.7 ACRES- WOODED AREA IN REAR

9 MOBILE HOMES -ALL TENANT-OWNED

2 APARTMENT UNITS - PARK OWNER

CITY SEWER IN USE

CITY WATER AVAILABLE BUT NOT USED AS TENANTS PREFER FREE WELL WATER

MONTHLY INCOME: $3584.00. ANNUAL INCOME. $43,000
EXPENSES: $20,400 *

TAX $668.00/MO
INSURANCE $100.00
ELEC $ 75.00
SEWER $ 680.00*
TRASH $200.00
MAINTENANCE $200.00

TOTAL $1723.00 ANNUAL EXPENSES: $20676

*CAN BE REDUCED WITH DIFFERENT BILLING SYSTEM

NO OWNER FINANCING. SERIOUS INQUIRIES ONLY

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Park Information

Number of MH Lots: 9
Total Occupancy: 100.0 %
Average MH Lot Rent: $375
Size: 2 acre(s)