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 |