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Mobile Home Park Details

  • Price: $2,108,000
  • Cap Rate: 9.1% (Actual)
  • Listing ID: 6851051
  • Posted On: Mar 20, 2025
  • Updated On: Mar 20, 2025

Description

- Discover a lucrative opportunity with this sprawling multi-family property boasting 69 lots on prime land, complete with frontage on both a county and state road.
- Enjoy the convenience of public water and sewer utilities, as well as underground access to natural gas and electric services, enhancing the overall appeal and functionality of the property.
- With all tenant-owned homes in place, this investment promises a high return on investment potential that savvy buyers won't want to miss out on.

Location

- Located in Jefferson County

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Park Information

Number of MH Lots: 69
Total Occupancy: 100.0 %
Size: 56 acre(s)

Financial Information (Actual)

Gross Income: $333,844
Operating Expense: $142,675
Net Operating Income: $191,169
Expense Ratio: 42.7 %

Utility Information

Water: City
Sewer: City

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