Hidden Valley Mobile Home Park 2719 Central Avenue, Hot Springs, AR 71913

For Sale     $2,600,000

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Contact Information

Jim Tucker
tucker properties, inc

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Mobile Home Park Details

  • Price: $2,600,000
  • Purchase Method: Cash
  • Listing ID: 6684944
  • Posted On: Aug 6, 2024
  • Updated On: Aug 6, 2024

Description

HOT SPRINGS, ARKANSAS SAYS IT ALL. BEST PLACE TO OWN A MOBILE HOME PARK. GREAT LOCATATION.

Location

GREAT LOCATION

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Park Information

Number of MH Lots: 41
Total Occupancy: 100.0 %
Average MH Lot Rent: $185
Size: 7 acre(s)

Financial Information (Actual)

Gross Income: $240,000
Operating Expense: $49,200
Net Operating Income: $190,800
Expense Ratio: 20.5 %

Lot Information

Singlewide Lots: 41

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 26
Average Rent for Park-owned Homes: $650

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