Now Offering Owner Financing 30% down 7% interest rate Balloon payment due in 2 years! Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac,… Read More including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside. Read Less
Listing courtesy of Every Door Real Estate
Listing Snapshot
Cumulative Days On Market
38
Days on Website
37
Last Updated
Property Type
Commercial Industrial
Property Tax
$3,131
MLS Number
2545130
30 Days Snapshot Of 98387
$526k
+5%
(avg) sold price
51
-17%
homes sold
79
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: Manufactured House
Expenses
Other Expense: 0
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 44869
Lot
0 square feet
Parking
Parking Total: 0
Property
Topography: Level
Sewer
Sewer: Septic Tank
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Production Type: Electric, Water Source: Shared Well
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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