I am selling my 36 space mobile home park in Newton Mississippi.
There are three parcels or properties included in this sale which consist of: twelve acre mobile home park, two acre park, and a two acre lot in the center.
There are sixteen acres of multi-family development.
There are fourteen park owned homes included in this sale.
The average age of these homes is 1996.
I also have three families who pay lot rents, since they own their own homes.
There are lots/pads on this property ready for more manufactured homes to be put on.
By adding more homes, you can make $ 12,000 a month in rental income.
The best thing about this property is the fact, all of the 36 lots are individually metered for utilities.
The tenants are billed directly by the City for their water and sewer.
Next, the tenants are billed directly by Mississippi Power for their electricity.
This results in very few expenses for me as the owner, and a great cash flow out of this property!
I manage these properties myself from California and use them for passive income.
They are undoubdetly a solid source of income just like Social Security.
These properties are located near Walmart, banks, schools, and other high traffic businesses giving you the key ingredients for demand and future income security.
Asking $ 495,000 ( Owner finance is available with down payment )
You can reach me on my cell at show contact info or E-mail me if you are interested
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