Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 556686
- Posted On: Sep 2, 2015
- Updated On: Nov 10, 2015
Description
Almost 22 acres half way developed with 88 mobile home sites and 2 RV sites. Considered a 4 star park with paved streets off street parking and street lights city water sewer and trash pickup. Farmville has plenty of employment with 2 colleges several prisons close by and one of the largest furniture suppliers on the east coast. Close to Richmond and Lynchburg and major highways monthly income over $30,000. Develop now or expand over time property zoned 8 units per acre may consider owner financing with 40% down.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 90 |
Total Occupancy: | 95.0 % |
Year Built: | 1965 |
Average MH Lot Rent: | $235 |
Size: | 22 acre(s) |
Financial Information
Gross Income: | $360 |
Operating Expense: | $2 |
Expense Ratio: | 0.6 % |
Lot Information
Singlewide Lots: | 88 |
RV Information
Number of RV Lots: | 2 |
Average RV Lot Rent: | $235 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 40 |
Average Rent for Park-owned Homes: | $525 |