Mobile Home Park Details

  • Listing ID: 12836
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

3 parks & 30 acres vacant land for sale as a package. Highly motivated seller. MUST SELL!

Parks & land were recovered by seller in a foreclosure in September 2009. Appraised value $435,000. Parks are within minutes of each other and offer great income potential. Parks are clean, all offer city utilities which are individually metered, water, sewer and garbage all are billed to the tenants by the city. Parks are approximately 20 years old with paved & partially paved streets.

Park 1 18 lots / 6.81 acres
Park 2 23 lots / 8.68 acres
Park 3 Park 3 – 11 lots / 1.91 acres (in addition: Pizza business in a separate building & a large storage unit for rent)

Land 30 acres within city limits and ajoins park 1

29 Vacant Lots, 12 Vacant Homes & 11 Occupied Homes. Income is $1800 plus per month for all 3 parks, expenses are $500 per month including prorated taxes for all parks & vacant land. Before the foreclosure the parks generated between $4000 & $5000 per month.

Owner Financing available, make us an offer!

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 52
Average MH Lot Rent: $150
Size: 30 acre(s)