cheyenne wy
aerial of land
plot plan MUB zoning
Mobile Home Park Details
- Purchase Method: Seller Financing
- Land: This is land for developing a mobile home park
- Cap Rate: 9.0%
- Listing ID: 620427
- Posted On: Jan 17, 2016
- Updated On: Feb 13, 2017
Description
this lot is within the city of Cheyenne on a major east/west thoroughfare (Hwy.30) zoned MUB suitable for a new mobile home park. All city utilities are in the streets bordering the property. Parcel is flat. Owner will carry financing. Property is free and clear of debt. Owner also has a full service liquor license for sale for $200,000 if one wanted to add a bar/cocktail lounge/restaurant.
Location
flat lot north of hwy 30 bordered by Charles St. and Pershing east Cheyenne
Amenities
- Laundromat
- Club House
- Storage
- Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Total Occupancy: | 0.0 % |
| Year Built: | 0 |
| Average MH Lot Rent: | $360 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $210,000 |
| Operating Expense: | $40,000 |
| Net Operating Income: | $170,000 |
| Expense Ratio: | 19.0 % |
| Debt Info: | owner carry with 30%down |
Lot Information
| Doublewide Lots: | 50 |
RV Information
| Number of RV Lots: | 50 |
| Average RV Lot Rent: | $350 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |