Description
Wonderful Opportunity to own a 40 lot mobile home community. There are currently 16 single wide lots with city water and city sewer available. Owner says there is space for 26 more if arranged appropriately. Mobile homes currently on the property will be removed as they are not in good condition and would be best served as a deer camp trailer. Expected best use for this property would be to provide a lot and utilities to tenants who need a lot to lease for their mobile home. 40 x $225 per mo. = $9,000 per Mo. of relatively passive income... $98,000 per year. If you spent $65,000 in improving utilities you could pay off entire investment in 4 years!!
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0BEDS
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5.37ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Wonderful Opportunity to own a 40 lot mobile home community. There are currently 16 single wide lots with city water and city sewer available. Owner says there is space for 26 more if arranged appropriately. Mobile homes currently on the property will be removed as they are not in good condition and would be best served as a deer camp trailer. Expected best use for this property would be to provide a lot and utilities to tenants who need a lot to lease for their mobile home. 40 x $225 per mo. = $9,000 per Mo. of relatively passive income... $98,000 per year. If you spent $65,000 in improving utilities you could pay off entire investment in 4 years!!
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Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. Data last updated 2018-11-15T22:41:08.743.