Mobile Home Park Details

  • Listing ID: 13035
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

INVESTMENT HIGHLIGHTS
Priced at $13,536 per Site. The Market Average is $16,200 per Site
City Utilities (Meters on all Homes)
Owner’s ONLY Bill for Water, Upside in Billing for Sewer
Opportunity to Increase Rents to Market Standard of $225-$235 (Current Rents are $205-$215)
Off-Street Parking for Tenants
12.94 Percent Cash-on-Cash Return
Excellent Rental Market
Centered in the Manufacturing Heart of America

Please contact the Jonathon McClellan in order to receive a complete Offering Memorandum and Owner’s Actual Financial Statements

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

Park Information

Number of MH Lots: 41
Average MH Lot Rent: $205