Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 4240430
  • Posted On: Jan 5, 2024
  • Updated On: Apr 8, 2024

Description

Long time mobile home park with great location and high occupancy rate always..... There are 8 units that are currently rented . Trailer #8 was recently remodeled and rerented. Seller currently pays for water, sewer, trash and does mowing himself. Tenant pays for all electric and natural gas. 6 units are 2 bdrm 1 bath and 2 units are 3 bdrm 1 bath. There are 2 concrete parking spaces for each unit (except for unit #3 which only has 1 parking space) Included are all kitchen appliances currently in each unit. Have detail sheets available with details on each trailer with age and size.

Location

At corner of 13 hwy south and Hale Lake Road

Amenities

  • Storage
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Park Information

Community Type: All Age
Total Occupancy: 95.0 %
Year Built: 1970
Size: 1 acre(s)

Financial Information

Gross Income: $39,000
Operating Expense: $130,000
Expense Ratio: 333.3 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $400

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