Contact Information

Mobile Home Park Details

  • Price: $700,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6780983
  • Posted On: Dec 2, 2024
  • Updated On: Dec 2, 2024

Description

The mobile home park consists of 56 total lots spread across multiple streets including Shady Dr, Duke Dr, Maple Ln, Park Dr, Oak Dr, and Davis Dr. The community offers a mix of 2-bedroom/1-bathroom, 2-bedroom/2-bathroom, and 3-bedroom/2-bathroom homes

Location

Greensboro, Alabama

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Park Information

Number of MH Lots: 56
Total Occupancy: 70.0 %
Average MH Lot Rent: $300

Financial Information (Actual)

Gross Income: $124,800
Operating Expense: $40,171
Net Operating Income: $84,628
Expense Ratio: 32.2 %

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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