Mobile Home Park Details

  • Listing ID: 13224
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

Wanted 50% Partnership existing Mobile Home Park located in the Town of Farmville VA. currently 75 sites 100% occupancy, metered city water and sewer almost 18 acres all zoned mobile homes. Only 1/2 of the property has been developed current income around $25,000 monthly, Not interested in selling the park only interested in taking on a 50% partner for $1,250,000 Current owner is a Class A Lic. Contractor and able to secure necessary permits to expand park. Looking for hands on or hands off partner to help further expand the park, I have owned the park 3 years and have expanded from 51 sites to 75 If interested in a profitable business contact me.

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Park Information

Number of MH Lots: 75
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $195

Park-Owned Homes

Number of Park-owned Homes: 30
Average Rent for Park-owned Homes: $535