Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1891376
- Posted On: Sep 20, 2022
- Updated On: Mar 25, 2023
Description
5-TOH Avg. rent 375.00, 5-POH Avg. rent 616.00, 10- Total, weeks away from 13 Occupied paying residents, Have 3 app's waiting for snow to melt at 475.00 a month
Rent increase on April 1st 2023 for all old tenants to 375. a month, any new residents from 3-1-2023 will be at 475.00 a mth.......bring your rehab knowledge-sweat equity, or we have people in place to do the work
16/13-Park Owned Homes need different types of remolding-21 total, Here's an idea...FREE HOMES @ 475. a mth. use OPM-let them fix the houses up...at 475 mthly.....had 57 inquiries in 2- days...)
8- Vacant lots use for MH/RV's/Tiny Homes, city's on board with affordable housing
SELLING THE PARK "AS IS"......VERY MOTIVATED... Seller Financing option w/nice skin in the game-Park makes enough to pay for the installments(debt service)
Prefer Pre-Approval/with P.O.F.-No wholesalers please
Comps done by 2- different Brokers- @ 400k "AS IS"b4 lot increases and increased occupancy %
Location
Walking distance to downtown
Park Information
Community Type: | All Age |
Number of MH Lots: | 34 |
Year Built: | 1970 |
Average MH Lot Rent: | $375 |
Size: | 7 acre(s) |
Financial Information (Actual)
Operating Expense: | $26,284 |
Debt Info: | 0 |
Lot Information
Singlewide Lots: | 31 |
Doublewide Lots: | 3 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 21 |
Average Rent for Park-owned Homes: | $616 |