Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 1661610
  • Posted On: May 5, 2022
  • Updated On: Aug 29, 2022

Description

Vista Village Mobile Home Park, located in Limon, CO, has a total of 30 spaces. Of the 30 spaces, one is currently an RV slot, charged at $400 per month; 1 is a larger space, and could be charged at $490 per month; and the remaining 28 spaces are charged at $400 per month. There are currently 3 vacancies, but interest in 2. The last rate increase was $100 per month, applied in April of 2022.

Location

1.956 Acres rural land, east of Denver, just off I-70

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Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 90.0 %
Year Built: 1960
Average MH Lot Rent: $400
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $93,320
Operating Expense: $27,778
Net Operating Income: $65,542
Expense Ratio: 29.8 %

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $490

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 28
Average Rent for Park-owned Homes: $400

Video

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