Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 20.8% (Pro Forma)
- Listing ID: 6878799
- Posted On: Apr 28, 2025
- Updated On: May 29, 2025
Description
2.41 acres, licensed for 25 trailers currently has 15 trailers with 13 occupied. All trailers are owned by the trailer court. Also 4 bedroom 2 full bathroom house with a one car garage is part of the property. 2 car garage also on property. One block off of main street, prime location. Property is zoned business/commercial. Email for details. Serious inquires only. Buyers must provide proof of funds or financing pre-approved prior to showing.
Location
Right off main street in Wahpeton, kiddy corner to the grocery store and lots of businesses close by.
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Park Information
| Number of MH Lots: | 25 |
| Total Occupancy: | 82.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $700 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $145,800 |
| Operating Expense: | $10,315 |
| Net Operating Income: | $135,485 |
| Expense Ratio: | 7.1 % |
| Debt Info: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Street address is not available. Map is centered on the city, the state or the country.
