Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.1%
- Listing ID: 502552
- Posted On: Jan 9, 2015
- Updated On: Apr 30, 2015
Description
This is a 150+ space community with city water and sewer, paved roads and 80 plus park owned homes. The community is centrally located and is well maintained. Considerable upside with 40 vacant lots available. Owner may consider holding first position loan for right buyer. Confidentiality agreement required for further information.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 150 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $170 |
| Size: | 30 acre(s) |
Lot Information
| Singlewide Lots: | 150 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 80 |
| Average Rent for Park-owned Homes: | $425 |
