Listed by NAI Martens
Unpriced
64-Unit MHC's - Sioux Falls, SD Metro
Details
APN Multiple
Property Type Mobile Home Park
Square Footage 1,350
Units 64
Occupancy 85.9%
Year Built 1986
Stories 1
Acreage 14.020
64-Unit MHC's - Sioux Falls, SD Metro
Marketing description
64-Units in two mobile home communities located in the Sioux Falls, SD Metro Area. These properties are on public utilities and feature attractive home inventory (mostly tenant-owned). Occupancy s 85.9%, and there are only 12 park owned homes. This is a clean investment deal with significant upside through moving rents to market and infilling nine vacancies. South Dakota broker of record is Mike Orr of Meadowlark Investment Brokerage.
Investment highlights
- All Public Utilities
- Lot Rents Trail Nearby Properties Significantly
- 85.9% Occupancy
- Only 12 Park Owned Homes (POH)
Listing Contacts
Listed by NAI Martens
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