Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.8%
  • Listing ID: 486126
  • Posted On: Nov 25, 2014
  • Updated On: Oct 8, 2015

Description

IF YOU ARE LOOKING FOR A TURN KEY PASSIVE INVESTMENT, LOOK NO FURTHER!!

This 55+ community is comprised of 39 tenant owned sites + 2 RV's that pay on a month to month basis. The owner recently black topped the streets, landscaped the front, built a block security wall at the back and painted the clubhouse. The park is serviced by all city utilities and is NOT water metered for an immediate upside. The electric is a MASTER METERED system with a sub meter read back.

The ownership currently has two other parks in the Yuma area. Both properties are 55+ communities, one of which is a park model property of 78 sites and the other an RV Community of 77 sites for a total of 196 sites. They would like to sell all three as a package but will consider selling each one individually.

Amenities

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 41
Size: 3 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City