Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.2%
  • Listing ID: 3359884
  • Posted On: Jul 14, 2023
  • Updated On: Jan 2, 2024

Description

Welcome To The Idle Wheels Mobile Home Park, A 1.99 Acre, 34 Space Property In Downtown Sequim, Washington. There are 23 Tenant Owned Mobiles and 11 RV Spaces. Blacktop Roads. City Water And Sewer. Low Rents and Expenses. Walking Distance To Restaurants, Shopping and YMCA. Close To Many Outdoor Activities Including Hiking, Fishing, Crabbing, Enjoy Local Festivals and More! Proforma Gross Income $259,800, Proforma Net Income $203,865 and Proforma Cap Rate Of 8.15%. Don't Miss Out On This Rare Opportunity To Own A Profitable Park With Financial Upside!

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Financial Information (Pro Forma)

Gross Income: $259,800
Net Operating Income: $203,865

Lot Information

Park Model Lots: 23

RV Information

Number of RV Lots: 11

Utility Information

Water: City
Sewer: City

Video

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