Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 6.1%
- Listing ID: 2056662
- Posted On: Feb 15, 2023
- Updated On: Oct 18, 2023
Description
This a wonderful opportunity to own 13.22 acres within the city limits, commercially zoned for RV & Mobile Homes, and in a military town. Location is phenomenal! The park is clean, very well maintained, and large with spacious amenities. There are 2 sides to the park, and there are 126 RV and mobile home sites. Both paying rent of $450.00 a month. All tenants have use of the pool and recreational facilities.
Location
Sierra Vista Arizona
Amenities
- Laundromat
- Pool
- Club House
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Park Information
| Number of MH Lots: | 126 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $450 |
| Size: | 13 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $520,048 |
| Net Operating Income: | $274,850 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $450 |