Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.9%
- Listing ID: 784360
- Posted On: Feb 10, 2017
- Updated On: Dec 30, 2021
Description
Greensburg Mobile Home Park has 26 lots, 24 of which are park-owned units; the remaining 2 pads are vacant. 15 homes are rented to paying tenants and 1 unit is spared for the onsite manager who resides for free. 5 Units need rehabilitation and 3 are rent-ready! The all-age community utilizes city utilities and directly bills to each tenant; trash is included in the monthly rent. All residents are on Month-to-Month leases.
Click the Link for an Offering Memorandum: https://wwws.stagexchange.com/strattongroup/IN3
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Park Information
Number of MH Lots: | 26 |
Size: | 2 acre(s) |