Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 615108
- Posted On: Jan 8, 2016
- Updated On: Mar 9, 2018
Description
Pine Ridge Park is a 55+ Senior Community consisting of 22 pads with rents of $225/month plus water and sewer of $60-75 per month depending upon the number of occupants. Pine Ridge Park has a strong historic records of high occupancy rates with little transition in tenancy, as most residents have been there for many years and enjoy retirement and lake living near Lake Okeechobee. As noted in the financials, the park benefits from a very low operating cost and is well suited for new and absentee entrants into the MHP investment arena. The seller may consider partial seller financing to a well qualified buyer.
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 22 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $225 |
Size: | 3 acre(s) |
Lot Information
Singlewide Lots: | 22 |