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NEW PARK FOR SALE:      PRINCIPALS ONLY              

ASKING PRICE - $1,700,000 (without mortgages)

Family park, 72 sites lot rent are $283.50 per month with public sewer & private well system on 13 plus acres. Large lots for double wides and paved roads. Close to all types of public shopping and near major highway. Owner has 19 units (lease to own) that will need to be purchased by buyer in addition to the asking price. 68 full sites, 2 vacant homes and 2 vacant lots for some upsides in rents.

2012
Gross Income 231,336
Expenses 75,235
NOI 156,101
Cap Rate 9.18%

OWNER will consider financing with a minimum $650,000 down.

Asking Price ... 1,700,000 without mortgages.

Please sign the c/a agreement to receive all financial information and address on this park. Thank you.

 

Disclaimer: The information has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

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