Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 933258
- Posted On: May 31, 2018
- Updated On: Jul 16, 2018
Description
Great investment opportunity- mobile home park operating at an 18% Cap rate at the current income and sales price with potential growth and increase in income with adding rentals to the 2 current vacant lots. This also has potential development upside at its current price and zoning structure.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 8 |
Total Occupancy: | 75.0 % |
Year Built: | 0 |
Average MH Lot Rent: | $200 |
Size: | 1 acre(s) |
Lot Information
Singlewide Lots: | 8 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 2 |
Average Rent for Park-owned Homes: | $200 |