Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 982969
- Posted On: Aug 24, 2018
- Updated On: Mar 29, 2020
Description
The Property Sky Run Park Model Resort is a four-star 55+RV resort park with 25 spaces and a residency club house. All residents are permanent and own their park-mode units, all are newer models. Rents are paid annually at $6000 per space/resident; depending on water usage for some residents there is a charge back fee, and a minimal $100 a year city-tax is pass-through to the residents. Both electric and gas are paid directly to the utility providers by the residents. The main street into the park is paved, entrance to the property is secured by a gate with access via a code. The property is on Water-well and septic sewer system; low maintenance and there is a residences club house. GREAT INVESTMENT OPPORTUNITY , CALL NOW FOR MORE INFORMATION !! Email: dbrazil@cricommercial.com
Amenities
- Club House
Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 25 |
Total Occupancy: | 100.0 % |
Year Built: | 1996 |
Average MH Lot Rent: | $460 |
Size: | 6 acre(s) |
Financial Information
Net Operating Income: | $120,000 |
Lot Information
Park Model Lots: | 25 |
Utility Information
Water: | Well |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 0 |
Average Rent for Park-owned Homes: | $0 |