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28319458
29963387

1010 Maple St, Chadron, NE 69337

JS
NE 20130457, CA 01507135 (+8)
JDS Real Estate Services, Inc.
Listed by JDS Real Estate Services, Inc.
$1,499,000
198 days on market
Updated 39 days ago

Pony Park MHP

Details
Property Type Mobile Home Park
Pads 65
Cap Rate 6.54%
NOI $98,000
Occupancy 38%

Mobile Home Park | 65 Pads | $23,062/pad

Marketing description

Welcome to Pony Park, a 65-pad mobile home community positioned in the thriving and steadily growing market of Chadron, Nebraska! 🌾

This community presents a heavy value-add opportunity supported by strong infrastructure, city-provided utilities, and major upside potential through home renovations, occupancy growth, and rent increases.

With just 25 pads currently occupied, active renovations happening now, and a waiting list of ready-to-move-in tenants, Pony Park offers investors a clear and scalable path to NOI growth and long-term value creation. πŸ’°

πŸ”‘ City Services β€’ Heavy Value-Add β€’ Strong Market Demand

✨ Property Overview

πŸ“ 65 Total Pads

🏘️ 25 Occupied β€” solid base with immediate room to scale

🏠 6 Tenant-Owned Homes (TOH) β€” tenants paying $375

πŸ“ˆ Lot rent increase potential: + $100

🏑 19 Park-Owned Homes (POH) β€” rents $750–$1,000

πŸ“ˆ Post-renovation rent upside: + $150+

🏚️ 3 Ready-to-Rent (RTR) Homes

⬜ 17 Vacant Pads β€” powerful infill opportunity

πŸ”¨ Ongoing Renovations β€” new inventory added monthly

πŸ“‹ Active Waiting List β€” proven demand & immediate lease-up potential

🌿 City Services β€” reliable water & sewer infrastructure

πŸ”§ Utilities & Infrastructure

πŸ’§ City Water/Sewer & Trash β€” billed back at $100/month per home

⚑ Individually Metered Electric & Gas β€” direct-billed to residents

🧾 Utility Bill-Back Program β€” maximizes expense recovery

πŸ—οΈ Municipal Services β€” reduced maintenance and streamlined operations

πŸ’΅ Financial Highlights

πŸ’° Asking Price: $1,699,999

Seller Financing Terms

$699,000 downpayment

Carry $1M

5% Interest

18-month carry

πŸ“ˆ Current NOI: Strong and increasing as more homes are renovated, rented, and filled

πŸ’² Rent Upside:

TOH Lot Rent: + $100

POH Rent: + $150+

πŸ“Š Occupancy Growth: Filling remaining pads can double NOI potential

πŸ“ˆ Value-Add Opportunities

βœ… Renovate 20 existing homes to expand rental revenue

βœ… Lease-up 17 vacant pads β€” demand already proven

βœ… Raise below-market lot and home rents

βœ… Strengthen operations through city utilities & individual metering

βœ… Achieve significant NOI growth as the park stabilizes

πŸ“ Why Invest in Pony Park?

🌾 Strong local housing demand β€” consistent tenant waiting list

πŸ’§ City utilities streamline operations & reduce overhead

πŸ“ˆ Below-market rents offer immediate income growth

πŸ’° Ideal for value-add investors seeking both scale & stability

🏑 Solid infrastructure supports long-term performance

🌟 Bottom Line

Pony Park delivers the ideal combination of cash flow, scalability, and long-term upside.

With city services, strong tenant demand, and multiple value-add levers, this community is positioned for investors ready to capture both immediate returns and sustained growth potential. πŸš€

πŸ“ž Don’t miss this rare opportunity to acquire a high-upside, infrastructure-ready mobile home park in Chadron, Nebraska!

Investment highlights

  • 65 Total Pads

  • 25 Occupied β€” strong base with immediate growth potential

  • 6 Tenant-Owned Homes (TOH) β€” stable tenants paying $375 + utilities

    • Lot rent has room for a $100 increase

  • 19 Park-Owned Homes (POH) β€” current rents $750–$1,000

    • Opportunity for $150+ rent increases post-renovation

  • 3 Ready-to-Rent (RTR) Units

  • 17 Vacant Lots

  • Ongoing Renovations β€” additional units coming online monthly

  • Active Waiting List β€” strong, proven tenant demand

  • City Services β€” reliable water & sewer infrastructure

Listing Contacts

JS
NE 20130457, CA 01507135 (+8)
JDS Real Estate Services, Inc.
Listed by JDS Real Estate Services, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,000.00
$8,166.67/mo

Valuation Metrics

0
DSCR
6.54%
Cap Rate
6.54%
ROI

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Additional Information

Name
Jennifer Stein
License
20130457
Brokerage
JDS Real Estate Services, Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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