$495,000 OWNER FINANCE 36 LOTS MOBILE HOME PARK CAN MAKE $ 12K A MONTH INCOME (Newton Mississippi)
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Posted : Monday, April 01, 2024 02:48 PM
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I am selling my 36 space mobile home park property 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 of these parks
These three properties total 16 acres of multi-family possibilities!
There are fourteen park owned homes included in this sale.
The average age of these homes are 1996.
I also have four families who pay lot rents.
Total of 18 homes are on this property.
This property has " huge " value add potential because all 36 lots are individually metered for utilities.
The tenants receive a bill directly for their water/sewer usage from the City.
The tenants get billed directly from Mississippi power for their electricity use.
The properties are near Wal-Mart, banks, schools and much more.
This property is 100% passive income! I manage it myself from California.
I am selling because I have another project I need to complete in California.
Asking $ 495,000 ( Owner Finance is possible with large down payment )
You can reach me at show contact info or E-mail me if you are interested
• Phone : NA
• Location : Newton,IN
• Post ID: 9097537331
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