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Mobile Home Park
Year Models and Size of Homes are available upon request
Listing Contacts
License: MS S-50068
Active
Asking Price: $1,095,000
Address
350 Ira Turner Rd, Leakesville, MS 39451
Show on MapDate Added
May 25, 2022
Days on Market
1028 days
Time Since Last Update
7 days
Details
Property TypeMultifamily
SubtypeRV Park
ClassB
Cap Rate12.00%
Occupancy Date05/25/2022
NOI$189,000
Units24
Year Built1999
Buildings25
Stories1
Lot Size (acres)4.24
Price/Unit$43,800
Sale ConditionFor sale by owner
Marketing Description
25 Unit Mobile Home Park consisting of 20-Park Owned Mobile Homes, 4-Cottages, 1-House (1500 SF +/-). Onsight manager who takes care of the grounds and most any maintenance issues. Upside in Rents. Owner increased rents June 2023 with future Gross Annual Revenue of $189,000.00. Owner is downsizing and ready to retire. Room to add several more Units. Please watch video below for more details
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$189,000.00
$15,750.00/mo
Valuation Metrics
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0
DSCR
17.26%
Cap Rate
17.26%
ROI
Property History
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Due Diligence
Listing Contacts
- License: MS S-50068
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