Mobile Home Park Details
- Listing ID: 12757
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
42 lot mobile home park, the park is 4.3 +- acres,
Park is located in downtown Tifton, Georgia walking to downtown,
1.5 miles to I-75, Within 2 miles of ABAC (U of Ga Agri college),
1 block off Hwy 81 (Major E/W hwy for south Georgia),
Park consists of 42 lots, 10 of which are park owned,
7 are under rent to own contracts, 3 are vacant as of 04/20/10,
16 lots are private MH's (lot rent), Avg lot rent is $120.00/Month,
Each lot is individually metered, total electric, sewer, city garbage p/u,
16 lots are empty and ready for new renters,
Park is Grandfathered,
Gross rent receipts for 2009 $47,000.00,
Park as is, with current contracts, with %100 collection, gross rent $68k/year.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 42 |
Total Occupancy: | 92.0 % |
Year Built: | 1970 |
Average MH Lot Rent: | $120 |
Size: | 4 acre(s) |
Financial Information
Gross Income: | $68,000 |
Park-Owned Homes
Number of Park-owned Homes: | 10 |
Average Rent for Park-owned Homes: | $400 |