Contact Information

Mobile Home Park Details

  • Price: $184,000
  • Listing ID: 6762191
  • Posted On: Nov 1, 2024
  • Updated On: Dec 2, 2024

Description

The community has a total of (6) lots.
There are (5) Park Owned Homes, and (1) Vacant Lot
In Just 1 Year Home Appreciation in Whitwell is up 13.88%
Median Home Price in Whitwell is $174,000
6.2 Acres
Huge Upside in Rent Increases
Two 16x80 3 bed 2 bathrooms mobile home
One 2 bed 2 bath mobile home
Utilities
Water: All lots have city water directly billed to each tenant
Sewer: Septic (one tank per two trailers)(each tank is 1,000 gallons)
Electricity: All lots have individually metered electricity billed directly to the tenants
Trash: All Tenants are responsible for their own trash.
5 POHs
3 Paying $600 a month, 1 Paying $400 a month, 1 Paying $450 a month Currently.

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Park Information

Community Type: All Age
Number of MH Lots: 6
Total Occupancy: 83.0 %
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $31,800
Operating Expense: $12,720
Net Operating Income: $19,080
Expense Ratio: 40.0 %

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

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