Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 665401
- Posted On: May 12, 2016
- Updated On: Apr 11, 2019
Description
EXCEPTIONALLY BELOW MARKET RENT! AVERAGE LOT RENT IS $155 PER MONTH which includes Trash! City Water Billed Direct to Residents! Located across the street from the public boat launch to a 1,000+ acre All-Sports Lake! 98% Economic Occupancy! 100% Physical Occupancy! Good Rent Collections! Lot Rent Paid 1 Year in Advance! Maintenance Building! 40 Acres with Woods! Large Lot Sizes! Individual Septic at each home site which resident maintains. Electric is individually metered to residents. WON'T LAST LONG!
Amenities
- Storage
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Park Information
Community Type: | All Age |
Number of MH Lots: | 90 |
Total Occupancy: | 98.0 % |
Size: | 40 acre(s) |
Lot Information
Singlewide Lots: | 71 |
RV Information
Number of RV Lots: | 19 |
Average RV Lot Rent: | $155 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |