FULL MOON FARM MOBILE HOME PARK

Multi-Family for Sale
Catylist Listing ID: 30081606
Property Subtypes: Mobile Home Park
Number of Units: See Agent
Building Size (RSF): 1 SF
Gross Building Area: See Agent
Gross Land Area: 6.32 Acres
Sale Price: $895,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2017

Overview / Comments

Fantastic value and potential for increased income is found at Full Moon Farm Mobile Home Park! Current gross revenue is close to 130k per year! 10 mobile homes, 3 efficiency apartments, and 7 storage units are currently located on property. There is room for more units and sewer at site to facilitate the improvements. This official state sanctioned Mobile Home Park is located minutes from Hwy 37 and Westside shopping and restaurants. All units are in good shape with strong rental history. Tremendous cash flow!

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-09-15-400-022.000-015
Percent Occupied: 100%
Market Type: Large
Road Type: Highway
Highway Access: State Rd 45
Site Description: Fantastic value and potential for increased income is found at Full Moon Farm Mobile Home Park! Current gross revenue is close to 130k per year! 10 mobile homes, 3 efficiency apartments, and 7 storage units are currently located on property. There is room for more units and sewer at site to facilitate the improvements. This official state sanctioned Mobile Home Park is located minutes from Hwy 37 and Westside shopping and restaurants. All units are in good shape with strong rental history. Tremendous cash flow!

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,140 15,458 68,950
Median Age: 38.53 35.25 30.42
Households: 908 6,665 28,605
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