Mobile Home Park Details
- Cap Rate: 9.0%
- Listing ID: 12813
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
• New Community! Built in 2000, with streets and utility infrastructure less than 10 years old.
• 24’ wide asphalt and concrete streets with curbs and gutters.
• 8â€sewer lines, 6†water lines to each developed site—city water, sewer and storm sewer, billed to the park.
• Currently developed for 44 sites, zoned for 109 sites. Developed part of park sits on apprx. 8 acres, with an add’l apprx. 12 acres zoned and permitted for MH and apprx. 1.9 acres of commercial frontage, accessible thru the park.
• Large sites, minimum of 50’ wide and 120’ deep, 5.4 homes per acre.
• All sites will accommodate a sectional home.
• 2 off street parking spaces per home, some garages.
• All lots a minimum of 50 x 120
• Cap rate for developed ground – 8.96%