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Mobile Home Park Details

  • Price: $950,000
  • Listing ID: 6785841
  • Posted On: Dec 9, 2024
  • Updated On: Dec 20, 2024

Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the Sunset MHP Development, Excellent Infill Opportunity Ready to Go, All Infrastructure & Utilities In-Place. Occupy Current Homes and Infill Homes to Increase Revenue and Bring Park Up to its Full Potential. Current Rent Being Paid - 2 Units at $1200 and 2 Lots at $300.

30 Lot MHP:
o New Pavement
o 3 Park Owned 16 x 80s
o 6 FEMA Trailers 2 Bed / 1 Bath
o Current Rent Being Paid - 2 Units at $1,200 and 2 Lots at $300
o City Water (Not Sub-Metered)
o Direct Billed Electric
o Private Lagoon Septic
o Prime Conversion Opportunity to Double the Lot Count By Converting Park to RV Spaces; 200 amp Service at Each Current MHP Site Allows For 2 Full Service Hookup RV Sites Doubling Site Count to 60

3 Occupied Homes:
o 2 Paying Tenants in POHs @ $1,250 Each a Month
o 1 Occupied Home Not Being Charged For Onsite Mgr
o Sellers Own a Dealership in Town and Can Send Home Buyers to Vacant Lots For New Owner to Help Infill the Park
o Property Can Be Sold Without Homes For $500,000 (Home Value is Consideration is $450,000)

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Park Information

Community Type: All Age
Number of MH Lots: 30
Size: 5 acre(s)

Utility Information

Water: City
Sewer: Septic

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