Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 11.0%
- Listing ID: 727056
- Posted On: Dec 4, 2016
- Updated On: Oct 15, 2019
Description
Income producing mobile home park. 22 lots total- 19 mobile homes, 1920 sq/ft 4 bedroom 2 bath block house to live in or rent out. Gross $8500/month with potential for over $14,000. Lots of frontage on Star Ave. Zoned Commercial. Owner financing possible with 50% down. Don't miss out on this excellent cash flow opportunity.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 83.0 % |
| Year Built: | 1955 |
| Average MH Lot Rent: | $550 |
| Size: | 5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $165,000 |
Lot Information
| Doublewide Lots: | 22 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 18 |
| Average Rent for Park-owned Homes: | $550 |
