Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 473865
- Posted On: Nov 16, 2014
- Updated On: Jan 25, 2016
Description
Sleepy Sheep MHP is a 18 unit park in Franklin, North Carolina.
PRICE REDUCED!
17 remodeled/refurbished Park owned mobile homes and one lot rental.
Park owned homes are ready to move in. 14'x80' rents for $650 and 12'x66' rents for $425, 15% lower than average with good tenents.
There are currently 2 spaces available.
Park has newly upgraded dual well water system that connects to new plumbing for each home.
9 septic tank that have recently been professionally serviced.
Gravel roads throughout entire property.
Very low expenses to run park, taxes and insurance is only $4,000 a year.
Currently grossing 88k with a net profit of 80k, will gross over 104k with net profit of 96k. Rents currently low for area.
This park has the best income net profit currently for sale in all surrounding areas. Perfect for retiree or investor. Don't miss out on this one time opportunity! Posted 4/26/2015
Location
20 miles from Clayton, Ga. About an hour from Ashville, NC.
Park Information
Community Type: | All Age |
Number of MH Lots: | 18 |
Total Occupancy: | 88.0 % |
Average MH Lot Rent: | $500 |
Size: | 4 acre(s) |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |