Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 641757
  • Posted On: Mar 5, 2016
  • Updated On: Mar 22, 2016

Description

30 mobile homes pay lot rent only @ 525.a month.
One house we own pays $600 a month.
The park has city sewer & water also installed appx'
6 yrs ago. Park has a lift station on the property.
There will be a increase on the Rent June 1/2016
of $35.per mobile home= $560.00 month.
The house will be raised to $750 or $800.00 a
Month. Cost to run the park is appx'$55,000 yr.
The Location is 2 blocks from the palm beach air port and the palm beach race track is across the street from the mobile home park. less than ten minutes from the Ocean...a great location.
The park is always full,people has lived in the park for years. Manager on site lives in the park.
Any Questions please call john: @ 248-249-0462

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Size: 2 acre(s)

Financial Information

Gross Income: $196
Operating Expense: $55
Net Operating Income: $141
Expense Ratio: 28.1 %

Utility Information

Water: City
Sewer: City

Similar Mobile Home Parks for Sale