36 UNIT MOBILE HOME PARK+PASSIVE INCOME HUGE POTENTIAL+INDIVDUAL METER (Newton Mississippi)
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Posted : Friday, April 05, 2024 10:45 PM
I am selling my 36 lot mobile home park in Newton Mississippi.
There are three properties included in this sale:
12 acre mobile home park
2 acre mobile home park
2 acre lot in the center
These properties are easy to manage from California since all 36 lots are individually metered for utilities and these tenants have been residents of the park for over 26 years now!
There are fourteen park owned manufactured homes included in this sale.
The average age of construction for these manufactured homes is 1996.
I also have four families who pay lot rents, since they own their own manufactured home.
The majority of my tenants have been residents of the park for over 26 year now.
There is hardly ever a vacancy.
HUD is always inquiring about availability at this property because of its size and close proximity to amenities.
There are 18 vacant lots on this property to add more homes.
You can easily add more manufactured homes here and make a whopping $ 12,000 a month in income!
All 36 lots are individually metered for utilities.
Tenants pay for their own water/sewer and electricity usage.
My tenants are billed directly by their service providers and pay them.
This results in very few expenses for me and a sound monthly income.
Asking $ 495,000 ( or best offer )
You can reach me at show contact info or E-mail me if you are interested
• Phone : NA
• Location : Newton,CA
• Post ID: 9011575026
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