Mobile Home Park Details
- Purchase Method: Seller Financing
- Listing ID: 388772
- Posted On: Jul 25, 2013
- Updated On: Jul 30, 2014
Description
We are offering a family owned mobile home park for sale.
Property is zoned for both residential & commercial usage, with 27
park owned units. More than half of the park has been completely renovated with wood floors & new winterized plumbing systems that were designed to reduce yearly maintenance costs, and prevent frozen pipes.The property is located on highway 27, directly across the street from wal mart.
Our mobile home park is a family oriented mobile home community, that consists of elderly tenants who have lived there for many years, and a few young families.
60% of the parks residents are on fixed monthly incomes, and the rest pay weekly rent. Owner pays water & sewer.
Occupancy is at 90%.
Net Income is $86,298.00
This a great investment to add to your portfolio!!
Please feel free to contact us: (312) 619 0642.
Park Information
Community Type: | All Age |
Number of MH Lots: | 27 |
Total Occupancy: | 90.0 % |
Year Built: | 1983 |
Average MH Lot Rent: | $500 |
Size: | 2 acre(s) |