Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1742690
- Posted On: Aug 23, 2022
- Updated On: Nov 27, 2023
Description
We have a 5 acre mobile hm & Rv park lic for 90 lots with 60 currently developed the rest can be used for storage in the mean time. We bought the park in a distressed state and we just finished a major clean up and done approx. 12 evictions. We currently have 22 mobiles homes for rent ,1 studio apartment & 1 cabin
We have 14 mobiles rented out , 1 cabin rented and 1 Rv rented at this time, 2 of the mobiles are being rehabbed and should be completed by the end of this Aug 2022
The park brings in approx. $71k per year at this point as the homes get repaired rents will increase . There is city water & sewer the park bills back all utilities as they are sub metered Trash is included
There are a lot of mature trees that offer a lot of shade for the summer and beautiful foliage in the fall ,with paved streets ,that are in fair shape. We are the only park in a 40 mile radius you would be able set your own rates if you choose to
The rent will be increasing to $650 for 2 bed rm $550 for single bed rm $450 for lot rent. Please don't mention the sale of the park ..should you choose to view it in person , a ph call ahead of time would be appreciated. Were looking for a cash offer- NO OWNER FINANCING
Location
The park is located in town and everything is close by
Amenities
- Laundromat
Park Information
Community Type: | All Age |
Year Built: | 1956 |
Size: | 5 acre(s) |
Financial Information (Actual)
Operating Expense: | $1,800 |
Lot Information
Singlewide Lots: | 30 |
Park Model Lots: | 28 |
RV Information
Number of RV Lots: | 30 |
Average RV Lot Rent: | $400 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |