Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 367547
- Posted On: Mar 27, 2013
- Updated On: Dec 5, 2023
Description
101-Space community with plenty of upside potential. The current owner has begun stabilization of the property, but at 35.6% occupancy, there is more left to do on this turn-around. Bargain-priced at only $5,742 per space. Seller will retain 13 park-owned homes and pay lot rent to the new purchaser. The RV component to this community provides the potential for a faster turn-around (less capital intensive than moving in new homes.)
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Park Information
Community Type: | All Age |
Number of MH Lots: | 72 |
Total Occupancy: | 35.6 % |
Average MH Lot Rent: | $225 |
Size: | 19 acre(s) |
RV Information
Number of RV Lots: | 27 |
Average RV Lot Rent: | $195 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |