Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 421937
  • Posted On: Jan 19, 2014
  • Updated On: Aug 5, 2015

Description

Calling for offers, all offers until August 27 than will take highest best offer and close within 30 days

Included map is not showing correct 400 w Washington
two trailer
currently collecting $340 a month, . one rented at
$340 a month just evicted (available)
taxes $816 appx a year
one rented at $340 currently collecting $340.00 gone (available )
5 available rental lots at $150 vacant now
Lot size 1.5acres+-
Trailer is 1975 2 bedroom 12*60
Trailer two is a 2 bedroom
Work Shop 16*24 appx with overhead and side door Shop 10 by 10 rest is
covered car port.
Please call Rick Frank at 630-650-3031
Location: Moulton, IA
So two trailers are included, one is titled, and second I have title.
All taxes paid on park and that one trailer I have title in parks
name, the other trailer tenant sold to park.
Questions please call
City water and City Sewer up to date
Runs as Mobile home park zone
No problems running park
1.5 Acre
Taxes Appx $816 a year paid for 2014 Electric and gas tenants direct.
I do not have time for this park at this point, that is the reason for
selling. Need to close within 45 days of sell.
Right now 6 space with meters
--
Best Park for the money

West street and Washington

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 33.3 %
Year Built: 1980
Average MH Lot Rent: $145
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $18,360
Operating Expense: $816
Net Operating Income: $17,544
Expense Ratio: 4.4 %

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 2
Average Rent for Park-owned Homes: $330