Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 556678
- Posted On: Sep 1, 2015
- Updated On: Feb 1, 2016
Description
Income producing family estate of 78.13 acres in Gaston County, NC. Property includes 6 single family houses and 23 mobile homes. Property also includes two ponds, barns, workshops along with various tools and equipment. Current tenant occupancy is 91% with monthly revenue of $10,400+ or $125,000 annually. Estimated potential with 100% occupancy is $149,000+ annually. 13 acres are rented for crop production, 20 plus acres are pasture, and another 20 plus acres is old growth hardwood forest. This is a great opportunity for an investor, rancher, farmer, or equestrian to acquire land that pays for itself.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 26 |
Total Occupancy: | 91.0 % |
Size: | 78 acre(s) |
Financial Information (Actual)
Gross Income: | $125 |
Operating Expense: | $27 |
Expense Ratio: | 21.6 % |
Debt Info: | No debt |
Lot Information
Singlewide Lots: | 26 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |