Photo of Mobile Home Park
Photo of Mobile Home Park
RV Lots
RV Lots
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
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Photo of Playground
Street view
Street view
Street view
Street view
Photo of Mobile Home Park
RV Lots
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Playground
Street view
Street view

Mobile Home Park Details

  • Cap Rate: 8.7%
  • Listing ID: 473676
  • Posted On: Oct 4, 2014
  • Updated On: Apr 23, 2015

Description

Ascentia is pleased to present the manufactured home and RV community in Kemmerer, Wyoming known as Foothills MHC. The offering consists of a 98 MH sites, 66 RV sites and 24 daily use sites. The property is primed for an investor to draw on its considerable upside through occupancy increase on its manufactured home side and increased marketing on its RV portion.

Located in the twin towns of Kemmerer and Diamondville, the area is home to the original J.C. Penney store, a major coal mine operation owned by Chevron and a portion of the Keystone oil and gas pipeline. Kemmerer is the county seat of Lincoln County. The economy is driven by coal, electric generation, and oil and gas production. Major employers include Exxon, Pittsburg and Midway Coal Mining Company and Pacificorp.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 89
Total Occupancy: 39.0 %
Average MH Lot Rent: $373
Size: 34 acre(s)

Financial Information

Gross Income: $349,817
Operating Expense: $184,372
Net Operating Income: $165,445
Expense Ratio: 52.7 %

Lot Information

Singlewide Lots: 98

RV Information

Number of RV Lots: 66

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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