Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 1694463
- Posted On: Jun 17, 2022
- Updated On: Jun 22, 2023
Description
Income producing mobile home park! Three parcels are included in the sale totaling almost 5 acres with 14 mobile homes that are park owned. Currently, 13 homes are rented.
Park is large enough for additional units and/or double wide units.
3 units - 3 bed/2 bath; 3 units - 2 bed/2 bath; 8 units - 2 bed/1 bath Sold As-Is; Buyer to verify all information.
No sign on property, please respect tenants.
Location
I-295, East onto 103rd St to, South on Seaboard Ave to 110th St.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 14 |
| Total Occupancy: | 92.0 % |
| Year Built: | 1971 |
| Average MH Lot Rent: | $950 |
| Size: | 5 acre(s) |
Lot Information
| Singlewide Lots: | 14 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $950 |
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