Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 827260
- Posted On: Jun 28, 2017
- Updated On: Mar 30, 2018
Description
Thriving manufactured home park with 24 lots located within walking distance to a new elementary school, shopping, restaurants, and pharmacy. Each lot is equipped with separate city sewer and water taps. The park owns 17 of the 24 manufactured homes. According to the lease agreement, tenants are either to sell the home to the owner of the park or move the home as they are not allowed to sublet. The park has potential to be developed as it is located in an area adjacent to homes in the $200K range. Owner is selling to invest into other thriving business.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 24 |
Total Occupancy: | 100.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $450 |
Size: | 6 acre(s) |
Financial Information (Actual)
Debt Info: | 0 |
Lot Information
Singlewide Lots: | 24 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 17 |
Average Rent for Park-owned Homes: | $568 |