Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.0%
- Listing ID: 934661
- Posted On: Jun 5, 2018
- Updated On: Feb 22, 2019
Description
PRICE REDUCED !! Hemingway's Retreat Mobile Home Park is a (12) Mobile Home Park with (1) single family residency is a rustic style cabin, 3-bedroom / 1-bath that sits on a knoll overlooking the park. Electric is sub-metered and tenants are billed on usage; tenant charge fees for sewer, water and trash. County sewer system and water-well system servicing the property. Tenants are charged back for trash and sewer; Newer water well tanks and generators installed and in compliance with the county and state requirements. Tenants paid directly to gas-propane provider. Property has a laundry building with park owned washers and dryers providing additional income. This property offering represents upside on several fronts being zoned for higher density will allow for develop/construction of multi-family housing on the additional 2 unused acres on the property. The property is located in a beautiful surrounding area with a small year round creek and close access to National parks, recreational lakes and golf course. The Mobile home / RV spaces are under county rent-control ordinances. GREAT OWNER OPERATOR - DEVELOPER OPPORTUNITY !!
Amenities
- Laundromat
Park Information
Community Type: | All Age |
Number of MH Lots: | 12 |
Total Occupancy: | 86.0 % |
Average MH Lot Rent: | $330 |
Size: | 4 acre(s) |
Lot Information
Singlewide Lots: | 10 |
RV Information
Number of RV Lots: | 2 |
Average RV Lot Rent: | $330 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | City |