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Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 922008
  • Posted On: Apr 23, 2018
  • Updated On: Jul 17, 2019

Description

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Owner took over distressed park and has improved greatly.
153 pad park
City water and sewer
Mix of tenant and park-owned homes
Tenants pay own electric
Owners pay common electric, water, repairs on park-owned homes, trash, CAM
5 vacant park-owned homes
8 vacant pads - ready for new homes

2016 NOI: $186,445
2017 NOI $278,561
Asking: $3,400,000

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Park Information

Community Type: All Age
Number of MH Lots: 153
Total Occupancy: 88.0 %
Year Built: 1988
Average MH Lot Rent: $285

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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