30 Space Mobile Home Park - Cantada Creek Mobile Home Park

Multi-Family for Sale
Also listed as Vacant Land, Business Opportunity
Catylist Listing ID: 30774456
Property Subtypes: Mobile Home Park, Senior Living
Number of Units: 30 Units
Building Size (RSF): 573,554 SF
Gross Building Area: See Agent
Gross Land Area: 573,554 SF
Sale Price: $850,000
Unit Price: $28,333.33 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 97
Last Updated: 11/15/2021

Overview / Comments

30 Space 55+ Mobile Home Park with room for expansion to an additional 18 spaces located on 13.167 acres. This mobile home park rents strictly the spaces for manufactured housing and is owner operated.

Financials

Finance Data Year 2021
Gross Operating Income $87,170 (Annual)
Net Operating Income $52,055 (Annual)
Actual or Proforma Year Actual
Finance Data Year 2020
Gross Operating Income $98,857 (Annual)
Net Operating Income $49,225 (Annual)
Actual or Proforma Year Actual
Finance Data Year 2019
Gross Operating Income $96,680 (Annual)
Net Operating Income $49,697 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Silver City
County: Grant
Percent Occupied: 97%
Total Number of Buildings: 1
Number of Stories: 1
Water Service: Municipal
Sewer Type: Other
Land Ownership: SPANGLER MOTORS INC
Legal Description: Quarter: NE S: 35 T: 17S R: 14W PT NEQNEQ 13.167 AC 3.00 AC ARROYO

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,792 11,420 17,102
Median Age: 38.33 41.71 42.72
Households: 1,552 4,825 7,165

Contact

Photograph of Listing Agent

Michael Carpenter

Prosper Real Estate CARNM CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS┬« New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.