Mobile Home Park Details

  • Cap Rate: 14.0%
  • Listing ID: 12483
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

62 mobile home spaces w/12 RV spots for added $. 12 park owned homes 8-16x80, 3-14x70, 1-16x70 all in great, like new condition and rented with a waiting list. City sewer/water and separate electric for each spot. Beautiful trees galore, lots of landscaping, and well maintained throughout. Stays at least 95% full and makes over 11,000.00 monthly with a 14+% cap rate. Also an additional 25 acres with city/sewer and water, electric, and recorded spots for an addition to the park at an additional price. There is a lock on any more parks in the town so this would be the only land available for that if you are interested.479-234-9911 or 479-437-3832

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Park Information

Community Type: All Age
Number of MH Lots: 62
Year Built: 1978
Average MH Lot Rent: $125
Size: 17 acre(s)

RV Information

Number of RV Lots: 12

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $450