Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 3787736
- Posted On: Oct 5, 2023
- Updated On: Apr 8, 2024
Description
Rent roll available upon request. Zero to low maintenance. 2 units completely renovated in 2023. The park has a strong rental history and current rents have room to increase to market rates. Close to Cherry Point and Crystal Coast beaches!
Location
From Hwy 24, turn onto Nine Mile Rd. This road turns into Lake Rd and park will be on your right.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 14 |
| Total Occupancy: | 95.0 % |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $112,800 |
| Operating Expense: | $7,584 |
| Expense Ratio: | 6.7 % |
Lot Information
| Singlewide Lots: | 14 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $650 |