Mobile Home Park Details

  • Cap Rate: 12.0%
  • Listing ID: 12982
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

This park is on 5.8 acres with 3 stick built brick ranches, 15 mobile homes, and a trailer that is used for storage. There is an assumable mortgage of a proximately $350,000. Rental history is great because of close proximity to downtown Wilmington. 12 CAP. Priced to sell quickly so that we can pursue another opportunity.

Owners are Licensed NC real estate agents.

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Park Information

Number of MH Lots: 20

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $545