I am selling my 36 lots mobile home park property in Newton Mississippi.
There are three parcels or properties included with this sale.
They consist of a twelve acre park, a two acre park, and a two acre lot in the center.
There are fourteen park owned homes included in this sale.
The average age of these homes are 1996.
I also have three familes who pay lot rents, since they own their own homes and have them parked on the property.
The great thing about this property is the fact, all 36 lots are individually metered for utilities.
Tenants pay for their own water/sewer and are billed directly by the City.
Tenants are billed by Mississippi Power for their electricity usage every month.
I have very few monthly expenses as a result, and a great monthly cash flow!
These properties are near Walmart, banks, schools and medical offices.
Just an overall great location, I get alot of new tenants inquiring about availability, and those on HUD Section 8 housing, because of the location.
I manage the property myself from California.
There are long term tenants at this property, who make managing it from afar seamless.
There is also a tenant on the property, who would make an excellent onsite manager if one chooses to do so.
Asking $ 495,000 ( Owner finance is available )
You can reach me at show contact info or E-mail me if you are interested in this opportunity.