Mobile Home Park Details

  • Cap Rate: 7.0%
  • Listing ID: 13253
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

5 acres on the Snake river, 28 space park that has not had a vacancy in over 15 years. Very hard to find park just south of downtown Jackson WY, The lot rents could go to $650 with no problem at all. A few years ago I was talking to a banker in Jackson, she told me she just did a loan on a 1974 14x48 in that park for $115,000, we can't even give them away in Texas or Montana much less get a mortgage on one. So email me for numbers and pictures, I know it's not the best cap in the world but there's a ton of upside and a seller that know how to make a deal work, feel free to call me as well. www.johnhurd.com ,

Location

South Side Jackson Hole, Wyoming

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Park Information

Number of MH Lots: 28
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $455
Size: 5 acre(s)

Park-Owned Homes

Average Rent for Park-owned Homes: $1,400