PLANTATION PARK MOBILE HOME & RV PARK
PLANTATION PARK MOBILE HOME & RV PARK
Marketing description
Plantation Park mobile home and RV Park located just off of US HWY 61, on the South side of
Natchez. 141 total lots, office building, laundry building, workshop, 17 park owned occupied
units, 27 rented lots, 22 vacant units, 32 vacant lots, 37 RV lots, and 6 camper lots. Each lot
is individually metered for electricity. Great investment opportunity with great value add and upside potential. Income/Expenses/Financial info available upon request. Do not disturb tenants or employees. Viewing appointments only.
Investment highlights
Current total annual income - $277,380, includes $209,400 on mobile home and lot rentals,
$66,480 on long term RV rentals, and $1500/yr for billboard lease on property. Current annual
expenses - $147,284. Current annual net income - $130,096. Potential additional income on
mobile home and lot rentals is an additional $23,875/mo or an additional $286,500 per year. There is ample opportunity for additional income on the RV side. Great investment opportunity for someone willing and able to put in the time and work to bring park to its full potential. Do not disturb tenants or employees. Viewing appointments only during inspection/due diligence period, after an accepted contract is in place.
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