Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 717982
- Posted On: Nov 1, 2016
- Updated On: Sep 7, 2017
Description
Winter Heaven is a 27 Space Adult / Community Mobile Home and RV park located 2 miles from New Mexico's larges lake and Golf Country Club and just across for the Rio Grande River, The park is fenced and has a small dog park and walkway, the park has all city utilities and each space is metered for power and the park pays for the water,sewer and trash. the yearly property taxes on the park are $700.00 a year. there is 27 spaces total with 4 park owned homes and 10 RV spaces the park stays 95 percent full at all times. there is a newly built 50'x50' metal storage / Equipment building that could be built out with an office, this park is in excellent condition and manicured with a tremendous upside in rent and occupancy,
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Park Information
Number of MH Lots: | 27 |
Total Occupancy: | 95.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $165 |
Size: | 3 acre(s) |
Financial Information
Gross Income: | $50,400 |
Operating Expense: | $6,000 |
Net Operating Income: | $44,400 |
Expense Ratio: | 11.9 % |
Lot Information
Singlewide Lots: | 17 |
RV Information
Number of RV Lots: | 10 |
Average RV Lot Rent: | $150 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $450 |