Contact Information
Tonya Bredamus
KW Martinsville
KW Martinsville
Mobile Home Park Details
- Price: $325,000
- Purchase Method: Cash, New Loan
- Listing ID: 6765728
- Posted On: Nov 8, 2024
- Updated On: Nov 8, 2024
Description
13 Lot Mobile Home park with 9 lots currently being leased. New 13th lot that has been added is a very private lot at the back of the park with standalone septic. Mobile homes are tenant owned. The park has been connected to PSA and each lot is metered, so tenants pay their own water bill and each tenant pays a septic fee to help with septic maintenance. Three additional streetlights have been installed, along with new mailboxes and signage. Contact your Realtor today for P&L and park rules and regulations currently in place.
Location
Take Dillons Fork Rd SR 609 to stop sign, turn left onto Stones Dairy Rd. Park on right.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 13 |
| Total Occupancy: | 69.0 % |
| Average MH Lot Rent: | $195 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $17,605 |
| Operating Expense: | $5,551 |
| Net Operating Income: | $15,016 |
| Expense Ratio: | 31.5 % |
Lot Information
| Singlewide Lots: | 12 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |