Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 3525929
  • Posted On: Aug 15, 2023
  • Updated On: Dec 9, 2023

Description

Don't miss out on this exceptional opportunity to own and expand a Mobile Home & RV Park situated just half a mile away from the thriving Saracen Casino Resort! This prime location guarantees an influx of potential customers, making it an ideal investment for both workers and visitors seeking comfortable accommodations.
With recent upgrades, including new power poles and a new main panel, all electrical systems are up-to-date and ready to serve your guests' needs. The park currently occupies only 10 acres of the available 15, leaving ample space for expansion and the possibility of increasing profitability.
By implementing effective marketing strategies and efficient management practices, you have the potential to more than double the current profits. The demand for quality housing and convenient lodging options in close proximity to the casino presents a unique opportunity for growth and success.
Take advantage of this outstanding chance to tap into the booming hospitality industry in this desirable location. Whether you're an experienced investor or an aspiring entrepreneur, this Mobile Home & RV Park business offers tremendous potential and is poised for remarkable success.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 52
Total Occupancy: 52.0 %
Year Built: 1960
Average MH Lot Rent: $175
Size: 15 acre(s)

Financial Information (Actual)

Gross Income: $79,727
Operating Expense: $28,228
Net Operating Income: $51,499
Expense Ratio: 35.4 %

Lot Information

Singlewide Lots: 52

RV Information

Number of RV Lots: 16
Average RV Lot Rent: $16

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $175

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