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
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
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
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
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
  • Cap Rate: 9.5%
  • Listing ID: 791053
  • Posted On: Mar 8, 2017
  • Updated On: Mar 1, 2018

Description

ATTENTION INVESTORS AND DEVELOPERS! OPPORTUNITY IS KNOCKING! Own your own Mobile Home Park, in the heart of North Johnson City, with awesome views and an even greater potential for future development. This Mobile Home Park, sitting on approximately 5.57 Acres offers 2 Mobile Home Rental Spaces, 7 Singlewide Mobile Homes, 1 Doublewide Mobile Home and a One-story Frame Residence (Year built - 1900 and 625 Sq. Ft. reflects a residence on 4090 Timberlake Rd). Tenants pay all Utilities. No City Taxes. Property produces gross $5150 per month. This listing includes all of the following addresses: 4066, 4068, 4070, 4072, 4074, 4076, 4078, 4080, 4084, 4088, 4090, and 4104 Timberlake Road. Information Packets are available!

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Park Information

Community Type: All Age
Number of MH Lots: 10
Year Built: 1998
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $58
Operating Expense: $14,391
Net Operating Income: $44
Expense Ratio: 24812.1 %

Lot Information

Singlewide Lots: 9
Doublewide Lots: 1

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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