Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 361689
- Posted On: Feb 6, 2013
- Updated On: Aug 31, 2014
Description
34 Spaces plus Expansion
7 Park Owned Homes
Private Water & Sewer
80% occupancy
9.75% cap rate
$700,000
Principals Only!
The Subject Property consists of 34 manufactured homes, of which, 28 are occupied.
The park is licensed for more spaces and could potentially handle 60+ homes; however some of these additional lots may be missing pads or obsolete.
The park is serviced by private well water and a septic system; both of which are in good-usable condition. The park does have a licensed operator.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 34 |
| Total Occupancy: | 82.5 % |
| Average MH Lot Rent: | $300 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
