Contact Information

Don Bishop
Bishop Real Estate Services LLC.

Mobile Home Park Details

  • Price: $550,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 6694736
  • Posted On: Aug 13, 2024
  • Updated On: Sep 12, 2024

Description

EXCELLENT LOCATION....along Old Route 66 in the city of St. Robert and very near Ft. Leonard on 3.56 acres m/l .......24 mobile home lots consisting of 9 vacant park owned homes, 3 occupied park owned homes, 3 occupied lots and 9 vacant lots. The number of park homes will vary as the current owner is in the process of renovating the homes. Lots of opportunity to increase the revenue through renovation of the vacant homes and adding new tenants. POSSIBLE SELLER FINANCING!!

Location

Located within 5 miles of Ft. Leonard Army Base.

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Park Information

Number of MH Lots: 24
Total Occupancy: 30.0 %
Average MH Lot Rent: $395
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $40,260
Operating Expense: $19,120
Net Operating Income: $21,140
Expense Ratio: 47.5 %

Lot Information

Singlewide Lots: 24

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 13
Average Rent for Park-owned Homes: $695

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