Contact Information

Mobile Home Park Details

  • Price: $1,000,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.9% (Pro Forma)
  • Listing ID: 6838815
  • Posted On: Mar 7, 2025
  • Updated On: Mar 7, 2025

Description

Mobile home park for sale! This property has 7 mobile units and 1 stick built home. The units are clean and cared for. All mobile homes are included in the sale. Seller pays taxes and utilities. Zoning is MHP.

Location

152 Hwy 30

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Park Information

Number of MH Lots: 8
Total Occupancy: 100.0 %
Average MH Lot Rent: $836
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income: $80,340
Operating Expense: $11,568
Net Operating Income: $68,772
Expense Ratio: 14.4 %
Debt Info: none

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $836