Mobile Home Park Details
- Listing ID: 13117
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
I will consider a contract for deed.
This is one of the few MH Parks allowed to locate with in the city limits of Yankton. (14,000+ population) Being on north Broadway (US highway 81 & SD State highways 50 and 52), it is located in the fastest developing part of town. It is across the street from a municipal golf course, a specialty surgical hospital, a new city park, a Sears store, a new Super Wal-Mart, and next to a new a new hardware store on one side and a new car dealership on the other.These businesses have recently relocated to this area of town, which has brought civic development at a staggering rate.
There are 61 services with room for expansion located on 8 + - acre commercially zoned property. Each service has hook-ups for natural gas, electricity, city water/sewer and two cable TV companies that also provide internet services. Ten of the vacant lots have hook-ups for campers along with the regular hook-ups. With the development and construction that has come to this area, these lots have become useful for the contractor crews.
Also located on the property is a 40’X140’ Butler building with office space, waiting room w/front counter, a parts room and work area in 1/2. The other ½ is available for all purpose or cold storage. Each ½ is metered separately for utilities, making it easier to rent to two separate tenants.
There are, to date, 37 owner occupied mobile homes paying $150 per month lot rent. There is one mobile home on a contract for deed.. Except for garbage pick-up, all tenants pay for their own utilities, including water/sewer. The water/sewer is provided by the city up to the property. The water/sewer lines belong to the park. Every unit is provided with a meter. Each tenant has signed a utility agreement with the park for the water/sewer service. There is a 100% collection rate for lot rents, contracts and utilities. The tenants are mindful of the rules and regulations. They are diligent in payment of their bills, as most of them, if not retired, work in one of the five manufacturing plants or the many retail outlets located in Yankton. Many of the families relocated here due to the easy access to main arterial streets and the proximity of the park to Wal-Mart.
Park Information
Number of MH Lots: | 37 |
Average MH Lot Rent: | $150 |