Contact Information
Benny Spensieri
CRES Corp International, LLC
CRES Corp International, LLC
Mobile Home Park Details
- Price: $1,250,000
- Purchase Method: Cash, Seller Financing
- Listing ID: 6687922
- Posted On: Aug 11, 2024
- Updated On: Aug 18, 2024
Description
Unique combination MHP that includes a fully lease 3022 SF Warehouse and 3150 SF House. Property includes:
• 4.91-Acres
• 8 MH Spaces/4 Park Owned MH’s
• 3022 SF Warehouse
• 3,150 SF Home
• 1 Vacant Unit
• $98,707 Gross Revenue (2024)
• $74,030 NOI (2024)
Warehouse rent includes 1 lot where MH lot/unit could be leased. Warehouse rent increases 25% every year up unit 2026.
Asking Price: $1,250,000 OBO ( Seller will consider all offers)
Financing: Seller is offering Seller Financing to a qualified purchaser and no less 40% down. Rate and terms TBD
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 8 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1987 |
| Average MH Lot Rent: | $355 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $98,707 |
| Net Operating Income: | $74,030 |
Lot Information
| Singlewide Lots: | 8 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $900 |
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