Property details

Mobile Home Park For Sale, Southeast Region

Property Description

Mobile Home Park For Sale

Mobile Home Park for sale, one of which is short distance to big Army Post and has great upside potential with only 6 of 38 mobile home park lots rented. The other park for sale is on the high in demand west end of this city. This park also runs good with only 2 open spaces and 9 rental trailers.

There is a loan is with a local bank combining both mobile home parks. The loan is not assumable. The owner will hold a second with very favorable terms all depending on offer.

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»  Mobile Home Park Search
Search for all Mobile Home Parks by unchecking the "Property Types" box in our PROPERTY SEARCH form, then check the box for Mobile Home Parks (and for RV Parks if desired). Fine tune your Mobile Home Park search with other criteria like by minimum number of units/spaces you prefer in your park, minimum CAP rate, price range, etc.

Note: Approved principal buyers are the only authorized users of property search form.

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Highlights

Status:
Pending
Price:
$600,000
Cap Rate:
12.00%
Annual Rent:
$66,000
 

Property Information

Property Type:
Mobile Home Parks
Industry Type:
Mobile Home Park
Units/Spaces:
60
Land Area:
21.00 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

Interest rate:
0.0%
Amortized over:
0 years
Annual Cash Flow:
$66,000
Cash on Cash Return:
11.00%

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.