Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 4568578
  • Posted On: Feb 27, 2024
  • Updated On: Dec 2, 2024

Description

This property is a fantastic income generator, featuring a dynamic mix of commercial and residential units. The strategic location, adjacent to city property, not only enhances its value but also opens up avenues for annexation and expanded development opportunities. Public water and sewer services are in close proximity, encouraging potential buyers to explore annexation possibilities and associated costs. The four commercial units and mobile homes on this property contribute to a stable rental income, while the empty commercial unit and lots provide additional revenue and business venture potential. With the property strategically positioned for growth, investors should act swiftly to capitalize on this unique opportunity.

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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 100.0 %
Size: 1 acre(s)

Financial Information

Gross Income: $10,000
Debt Info: ~$240,000 private mortgage

Lot Information

Singlewide Lots: 11

Utility Information

Water: Well
Sewer: Septic