Mobile Home Community, Southwest Region

Property Description

Located on adjacent to a Turnpike and within blocks of the new retail expansion that includes Lowes, Starbucks, AT&T, Numerous Major Restaurants and Fast Food purveyors.

20 Acre park with a bonus of 10 undeveloped acres. 142 space park with a tremendous upside. Located in a city that is the 11th largest city in the state and is experiencing a boom in Building and Manufacturing.

The Park includes a 2,000 sq ft 3 bed/3 car garage manager’s home with a management team (3yrs on site) that would like to stay on. The park needs a owner to infuse some new enthusiasm and advertising.

The parks current 13.3% cash on cash return is based upon its current 70% occupancy and could easily exceed 20% with the right owner. The park is on City Water and Sewer, all pads are separately metered for electricity. There is a community Pool and Children’s Playground.

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