Contact Information

Mobile Home Park Details

  • Price: $539,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 10.5%
  • Listing ID: 1726754
  • Posted On: Aug 3, 2022
  • Updated On: Apr 17, 2024

Description

New Home just moved in!
Limited Seller financing available!
Seller Motivated!!!
Much better financials with recent infill!

Sites Total: 11
Vacant Lots: 1
Rental Homes Owned: 7
Resident Owned Homes: 3

Rental Homes Avg: $766 Resident Home Avg: $210

All Rentals have been recently remodeled,
4 acres of land.

City Water/Septic
Self-Managed

Have A Park to Sell?
Contact Frank: 727-592-2418
Ask about our Pocket Listings:
Info@BirchRealty.com

Location

Waycross, GA is located centrally between Savannah & Jacksonville

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

Park Information

Community Type: All Age
Total Occupancy: 91.0 %
Year Built: 1985
Average MH Lot Rent: $210
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $70,200
Operating Expense: $13,503
Net Operating Income: $56,697
Expense Ratio: 19.2 %

Utility Information

Water: Well
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $766