Description
Mobile Home Park with strong cash flow potential! Current owner has been renovating and improving the business operations. Mobile Home Park with 1 house and 22 mobile home lots. Property licensed for 28 lots. Sale include 12 manufactured homes used as rental units. 2 additional manufactured homes owned by tenants. Tenants pay electric and heat. Landlord provides water, sewer and garbage. Current annual rents of $94K with $28K in expenses. Gross Rent Potential of $155K. Owner has been reinvesting proceeds into renovations.
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0BEDS
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2.41ACRES
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0BATHS
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01/2 BATHS
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1SQFT
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$549,000$/SQFT
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Listing courtesy of Trilogy Real Estate.Description
Mobile Home Park with strong cash flow potential! Current owner has been renovating and improving the business operations. Mobile Home Park with 1 house and 22 mobile home lots. Property licensed for 28 lots. Sale include 12 manufactured homes used as rental units. 2 additional manufactured homes owned by tenants. Tenants pay electric and heat. Landlord provides water, sewer and garbage. Current annual rents of $94K with $28K in expenses. Gross Rent Potential of $155K. Owner has been reinvesting proceeds into renovations.
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