Property details
Park For Sale, Southwest Region
Property Description
Park For Sale
Park for sale consisting of a 72 Pad Mobile Home & RV Park. This park for sale has 46 Mobile Home Spaces & 26 RV Spaces. 95% Occupancy Rate, Laundry Mat & Showers - Outside Storage Bldg. 2230 RV Park Separately Deeded but Sold Together. RECENT IMPROVEMENTS: Office has been removed, wood fence placed around entire park, completely remodeled mens and womens restrooms (toilets, sinks, etc.), park has new website and FREE Wi-Fi for all customers, all water and electrical lines replaced, new dig run in back of park, garage remodeled into recreational room, new laundromat w/ 6 washers and dryers, road grated in back, 43 spaces in back that are rented, new management that wants to stay and is doing excellent job!
Other property related to park for sale
» Mobile Home Parks For Sale Search
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Images
Highlights
- Status:
- Available
- Price:
- $1,200,000
- PSF:
- $5
- Cap Rate:
- 9.00%
- Annual Rent:
- $110,000
Property Information
- Building Size:
- 252,648 sq.ft.
- Property Type:
- Mobile Home Parks
- Industry Type:
- Mobile Home Park
- Units/Spaces:
- 72
- Land Area:
- 5.80 acres
- Purchase Tenure:
- Fee Simple
Existing financing information
- Interest rate:
- 0.0%
- Amortized over:
- 0 years
- Annual Cash Flow:
- $110,000
- Cash on Cash Return:
- 9.17%
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.