Property offering is Boulder Ridge, a 96 space mobile home park of which 20 sites have been sold to residents who pay an HOa fee, leaving a total of 76 sites to be operated as a MHC community. Boulder Ridge currently operates lot rents at $378 per month and includes trash. Park residents are responsible for water, sewer, gas and electricity.

The community is serviced by municipal water and sewer, which is sub-metered and billed back to the resident. The streets are constructed of asphalt with concrete driveways; the roads are in “good” overall condition. Sites in the community average approximately 100x80 which can accommodate both single wides and multi-sectional homes, with a residential set appearance, underground utilities, and dedicated parking for 2 vehicles. The community amenities include Clubhouse, Indoor Swimming Pool and Playground.

The community is 100% double wides (with the exception of one single wide home) and are residential setting. Taking all factors into consideration, Boulder ridge is rated as a 4 star or Class a mobile home community. with the implementation of a homes leasing program, the Investor has the opportunity to achieve a 26.79% cash on cash return in year 3 by filling 5 spaces per year.