Mobile Home Park Details

  • Purchase Method: Assumable Loan
  • Listing ID: 12899
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

3 Bedroom / 1 Bath Stick Built Home New well pump just installed 3 units now rented New management in place

Live in the Home and let the Mobile Home Park make your Payment!

4 Spaces Currently Occupied - 4 other spaces ready for homes

Potential rents are $350 / mo If all 8 spaces filled then 8 * $350 = $2,800 House rent at $400 / month Total potential rents = $3,200 / month

Out of State Owner does not have time to give the park the time needed to make it turn key.

Well and septic – septic recently serviced

Assumable Bank Financing Available!

Asking only $139,900

I would be open to partnership – if you can bring the sweat equity and some $$ to fix up.

This property is a bit “rough” and needs some fix up or clean up, perfect for handyman! Should be rentable with proper management and clean up. Also Section 8 is a real possibility after fix up – I spoke to the county about it and they are open to more units.

Location

447 Highway W Eldon, MOClose to Lake of the Ozarks � resort area. Highway W frontage - Between 3 and 4 acres 8 space mobile home park

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

Park Information

Number of MH Lots: 8
Total Occupancy: 50.0 %
Average MH Lot Rent: $350