Mobile Home Park Details

  • Listing ID: 1736776
  • Posted On: Aug 17, 2022
  • Updated On: Jan 23, 2023

Description

Clean, attractive 70-space MHP with seller financing. City-owned & maintained streets, curbs, gutters & street lights, and all utilities are City-owned up to the edge of each lot. 15 TOHs, 16 POHs, 21 new Legacy Homes leased to park, and 18 vacant lots ready for homes. Credit line available to buy more homes (subject to credit approval of buyer). Bank financing available for purchase of the MHP. Excellent management team in. place, and they want to stay on. Excellent tenants with solid collection. history. Upside/Proforma potential to 12.8% by fixing the last few POHs and filling the 18 vacant lots. This is a very nice-looking park. Own a MHP you can be proud of showing off!

Location

This MHP is located in town. in Hazlehurst GA. Small town, but. a very strong rental market with few other housing choices.

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Park Information

Number of MH Lots: 70
Total Occupancy: 75.0 %
Year Built: 1970
Average MH Lot Rent: $200
Size: 1,263 acre(s)

Financial Information

Debt Info: Seller financing available

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 37
Average Rent for Park-owned Homes: $600

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