Mobile Home Parks For Sale, Investment Property for Sale, Commercial Real Estate, Best Investments for Sale, Manufactured Home Communities for Sale, Trailer Parks for Sale, Caravan Parks for Sale
Home Page Mobile Home Parks For Sale Mobile Homes For Sale Mobile Home Park Loans Join our Free Newsletter Site Map

Article - Why Buy a Mobile Home Park?

Article - Why Now is a Good Time to Buy Mobile Home Parks!

 

 

Barry Henson/Equitable Management
Barry Henson

736 Johnson Ferry Road - C 220
Marietta, GA 30068
Phone 770-579-6777 ext 108
Fax   770-579-6201

Check out our website at WWW.EMCATLANTA.COM

Send Email By Completing Form At The Bottom Of This Page


Mobile Home/RV Parks For Sale


Anniston, AL
Anniston, AL 11 acre, 15 'pad rent' only mobile home park out in the country. Park is on septic/county water...park has gravel roads, lot rent is $110. Park will net over $15,000 this year. Taxes and expenses are nothing! Room to add 4-6 more pads!! Owner asking $99,000 Firm. Go to emcatlanta.com

Clanton, AL
Sold!

Clanton, AL. 25 acre mhp with 50 lots with 27 units, under "lease to own agreements" 2 vacancies. No Maintenance Now!! Priced to sell soon at $960,000 all cash. Park nets $140k  Go to WWW.EMCATLANTA.COM  for a look at...Barry Henson EMC.


Prattville/Montgomery, AL Prattville/Montgomery, AL.  10 acre/mhp with 73 weekly rental pads of which only 12 are being used now. Park is located about halfway between Prattville and Montgomery on Hwy 31.  Park has retail frontage that could be bought with park or bought separately, also  Rents range from $110-200/week. There are about 60 other singlewide 70's-80's model units not being used now and about half of these units could be saved for re-hab and the other half should be hauled out and sold or crushed. Park has city water/septic with asphalt streets  This opportunity is for someone who knows the business and sees this opportunity for what it is and how they can make it work. The 12 'weeklies' that are rented now are bringing in about $100k/year($2000/week) and park is netting about $75,000...another super opportunity here would be for an RV park!! Park is about 6 miles from I-75, and about 6 miles from Prattville and Montgomery.  WWW.EMCATLANTA.COM

Thorsby/Birmingham, AL Thorsby/Birmingham, AL....15 miles south of b'ham 6 miles off I-65..this nice 40 acre park is a developers dream!  Only 12-15 acres of the 40 acres are being used now.  The park has city water/septic with each lot having a septic tank. New water lines run thru the park to all old and new lots. Park is all sep/metered now! There are 16 very nice rental units  on very large lots and 4 lots being rented with 4 vacancies ready for lots or units! there is room to add another 12-15 mh lots or 'stick-built house'...the remaining 8-10 acres is in a flood plain/creek and would be perfect for a lake. The available building lots are fronted by a nice new road.  This road has a new roadbed, gravel and concrete culverts! The oldest rental unit in the park is a 1994 unit. The park is grossing over $108k per year and netting over $89k with the owner running the park since 2002.  Owner is asking %829k all cash....we want an offer!
WWW.EMCATLANTA.COM

Walnut Ridge, AR

 

Walnut Ridge, Arkansas (pop.7,000). Just 20 miles down the bypass from the booming college town of Jonesboro, this is one of the nicest small RV parks around!!  The park sits on Hwy 67 and has a very nice 2400 square foot 3br/3 bath brick 'ranch-style' house that sits on the front of the park. Park has all city utilities! and 4 buildings on the property.  The parks closest competitor is in Jonesboro with much higher rates. Park is ideal for a retiring couple, etc.  $295,000  www.Emcatlanta.com

Acworth, GA
Acworth, GA (northside Atlanta)...7 acre land deal with 17 lot weekly rental park there now...netting right at $90k and more if ya count the Laundromat. Land in area will bring $150k per acre.  Property backs up to woods and then Lake Alatoona. Owner runs park now....beautiful rolling land with 300 feet of frontage on main street in Acworth. Developer's dream for apartments, etc!! Sales price...$850,000  WWW.EMCATLANTA.COM

Adel, GA

Adel, GA...10,000 metro.  Land Only.  Near and backs up to I-75, 30 plus acres, all utilities run to the property, back of property backs up to I-75...platted for 100 pads, just off of exit 39, in south Georgia, close to schools and industrial area, growth area of town.. 500k WWW.EMCATLANTA.COM 


Atlanta, GA
Atlanta, GA.( metro)...100 pad lot rent park with a few 'rent to own' units. all city utilities everything sep/metered and extra land to add a few more pads.  Park has asphalt streets and concrete curbs.. park nets around $180k/yr.....asking $2 million....we want all cash offers!! WWW.EMCATLANTA.COM 

Cedartown, GA Cedartown, GA 3 small weekly mobile home parks located on the south end of town going out Hwy 27 south. Parks are less than one hour from Atlanta metro....good manager and maintenance people in place. There are 66 pads and 2 "stick built" houses on the property. These parks have county water and septic tanks. Owners pay water and some of the electrical bills. The 3 parks together grossed $315k and netted $171k last year. The park has 5 vacancies now which is about average. This is a 14% return at a sale price of $1,250.000 all cash. See this park at WWW.EMCATLANTA.COM

Columbus/Cusseta, GA
18 acres total with 13 acres in 96 pad MHP with the 5 acres next to park that haven't been used. Park is on septic/city water and is separately metered. Park is  9 miles from Columbus, GA and about 3 miles from Ft. Benning (very stable area) Most tenants have been in park from 2-10 years and has some 'HUD' Tenants.  Most units are older single-wides, some 16x80's.  This park is a low end park but is the only park in this small town, but has been very stable over the past. 25 of the lots are occupied now--5 lots rented for $100 and the remaining have unit-rental for $250-$300/mo. park will net approx. $65k now. Owner will stay on and manage park for a few months until new manager or new owner gets trained to run park. Owner will finance park with 200k down and negotiable interest This Park is near Columbus, GA.... Terms negotiable!! ($550k sales price). See my site at emcatlanta.com

Dalton, GA

Dalton, GA....11 acre. Immaculate country small community park on 10 acres IN THE HILLS OF NORTH GEORGIA! VERY LARGE wooded lots (ALMOST AN ACRE) and landscaped, late model rentals (4 doubles and the rest singlewide) and one lot rental, septic/county water, grosses about $72k and nets $60k...owners want all cash at a firm price of $500k (no owner financing)12% CAP RATE!!!! SEE THIS AT WWW.EMCATLANTA.COM 


Dublin, GA

3 mobile home parks (83 total pads) fairly close to each other with a total of 77 existing park-owned units, 6 existing lot rentals and 16 approved/undeveloped lots. New landscaping and paving have been done in parks to update things. All parks together have an NOI of about $165k.  The smaller 2 parks with 8.4 acres nets a little over $65k and the large park is netting just over $99k.  These parks can be bought in a package for $1.6 mil...or $995k for the larger park and $625k for the smaller 2 parks...parks are on city utilities. we want cash offers.
WWW.EMCATLANTA.COM 


Franklin, GA
Franklin, GA (near Carrollton) 25 acre RV Park, 30 full sites on Hwy 27, about 20 miles south of Carrolton, GA.  This park stays full and is only using 10 of the 25 total acres.  Park could be doubled easily in size. Park has spring fed creek on the back and the front has about 500 feet of frontage on Five Notch Road which is about a 1/4 mile off of Hwy 27. Park grossed on paper just over $102k last year and netted about $66k. Park has county water and septic and has a one bedroom rental house on the front of the property that could be used for owner or manager's house. Park has bathhouse, Laundromat (not included in gross numbers), playground and pavilion. Park is 20 miles from Newnan, La Grange, and Carrollton, GA and 2 miles from the Chattahoochee River, but close to several boat ramps, etc. Price: $499,000 See this at WWW.EMCATLANTA.COM 

Macon/Warner Robins,GA Macon/Warner Robins, GA...34 Mobile Home rental units and 60 storage rental units located halfway between Macon and Warner Robins, Ga.. Park is clean and stays full. Park is on city sewer/water with owner paying some water. OWNER IS SELLING DUE TO ILLNESS TO HIS DAUGHTER WHO IS THE MANAGER NOW!  Park will net about $90k/yr. now.  Park will need a manager! Park is listed for $710k/owner will fiancé some of the sale. see this at  WWW.EMCATLANTA.COM 

Metter/Savannah, GA Metter/Savannah, GA....28 acres total with about 8 acres being used in RV Park now.  The RV park has 100 spaces in the park with 62 spaces/lots being used now.  Park has co/water/septic tanks and about 12 acres extra to add more sites on. Park will net around 60k this year and netted $54k in 2007.  Park lies about 200 hundred yards off the Interstate which exit 111 just south of Metter, GA.  This is about 45 minutes (50 miles) from Savannah. Park has 62 full hookups and 37 more sites with water/electricity. Owners are asking $500k.  See Pictures at WWW.EMCATLANTA.COM 

Ringgold, GA

Ringgold, GA.. (Chattanooga, TN metro)...3 acre 22 lot Weekly MHP. City water and septic, older, smaller units, average rents are $100.00 per week. Very stable, rarely a vacancy, good location, fronts hwy 41, last year netted $57k. Sales price now $375k..some upside here, near I-75, could be converted to an RV park also! See it at: WWW.EMCATLANTA.COM 


Robbins, GA Macon/Warner Robbins, GA about half way between Macon and Warner Robbins this nice park has 27 Mobile homes rented and a 60 space storage park with great numbers. The storage park has the lowest rents in the Macon Metro. Park has City utilities, asphalt streets, with a 2/br house on property.  The storage park has about 5% vacancy while the mobile home park (it has small singlewide late model units that are park owned) stays full.  Park does mostly monthly rentals but has a few weekly rentals and also 2 "lot renters'. The park grossed $190k last year and netted $117k! The owner is asking $849k with an all cash sale....14% Cap Rate. NO OWNER FINANCING!! We want real cash offers!! See this nice property at WWW.EMCATLANTA.COM

Rome, GA 3.1 Acres, About 5 miles south of Rome just off Hwy 27.  This is a nice 10 unit park with 8 weekly rentals and 2 lot rentals that have been here forever.  Tenants have been in park for years!  Park has all city utilities with concrete street running through park.  There is no room for expansion.  Park is close to industry and town of Rome which is (Pop. 50,000). Rents haven't been raised in 2-3 years.  Park has great manager/maintenance man who can do it all!  Park grossed $44K last year and nets about $33 - 34K/ YR.  Sales price is $210k All Cash.  This is a 16% return...Not Bad!!!  WWW.EMCATLANTA.COM 

Sylvania, GA

Sylvania, GA...(pop.6,000)..14 acres fronts Hwy 21 going to Savannah with 10 acres being used in park now. 31 total lots with 6 vacancies..25 paying rents now...could add another 6-10 pads possibly out of the extra 3-4 raw acres extra, nice updated and new units. Small singlewides to nice doublewides. Great well system and septic/sewer....everything up to code. Park has great manager that lives off of property. Owner never worries with anything. Park shows well...manager does all....very few evictions or slow pay history here (tenants happy). Rents have never been raised since park opened about 5 years ago!! Near Statesboro (30 miles) and  Savannah (53 miles) best park in area!!..Could add 5-8 more pads possible on extra acreage. Good upside, high and dry property, etc....grossing $120k and netting over $80k now per year....asking $750k....I want real offers!! Principals only! Will now owner finance this park!! 14 acre,,31 total lots ..Is still asking $750k with Owner financing now!! (WILL OWNER FINANCE THIS PARK WITH $250K DOWN AND EASY TERMS)!!! WWW.EMCATLANTA.COM 


Trion/Summerville, GA Trion/Summerville,Ga....small country park with 5 older single wide- units, everything is separately metered and you can add 5 more units in this park!! Park is in the country north of Trion just off Hwy 27 about 40 minutes south of Chattanooga. Will net about 12k/yr.  Perfect for somebody that lives in area who can own and manage! Owner is asking $79,900...what a deal!! Nice country--retirement Haven!!   Go to emcatlanta.com

Waynesboro/ Augusta, GA

Waynesboro/Augusta, GA...26 acres, could have 75-90 lots only (13 lots rented now in park), wells, septic sewer system near the re-vamped Vogle Nuclear plant which is 7 miles away will be back in operation in 2008, just off of Hwy 23 about .....park needs streets (only has sand and dirt right now, but has room for 75-90 pads or 200 rv sites which it had at one time! Park is netting around $40k now. (SALES PRICE $650 CASH...see this park at WWW.EMCATLANTA.COM 


Beaufort, SC

Beaufort, SC.. 53 pad immaculate park on septic and private water system.  has been approved for 7 new pads...The park has 30 park owned units,1 log cabin, with a rental cottage and may be one of the nicest parks in the area.. presently grossing over $21k per month and will do over $23k when full to capacity.. park will net over 200k this year. Owners want offers!!! Asking $1,950,000....call for more info or visit WWW.EMCATLANTA.COM 


Darlington/Florence, SC

Darlington/Florence, SC.....19 acre mobile home park located near I-20 and the I-95 corridors.  This park has 54 large pads with 41 park owned late model singlewide and doublewide units. The lots range from 1/2 acre to 3/4 acre sizes. The park is on city water/septic and is separately metered.  The park has asphalt streets with good drainage.  the maintenance man lives in park and could be a possible manager as he collects rent now for the owner. The park has lowest rents in town now and has only one vacant lot and one extra available lot/tract that could be used.  There is also a 2-3 acre tract in park that could be used for mini-storage, truck storage, etc. the park has grossed $179k,, $166k,,and $160k over the past 3 years (on paper) as shows on tax returns! net is about $128k if ya average the last 3 years. Owner is asking $1.1 million...Can now be owner financed with $250k down and owner will 'wrap' the rest until banking gets better!!...IMPORTANT!! We want serious offers!!! See this at EMCATLANTA.COM


Greenville, SC
Greenville, S.C. 5 unit mobile home park with single wide units on approximately one acre (2 city lots) with city sewer/water and a nice concrete block storage bldg (16x30) that could be converted to rental property.  On site manager lives on property now, but probably won't stay.  This is perfect for retired couple, etc. Middle class working neighborhood that is clean and quite! units range in age from 1982-1987. Owner has owned property for year and a half. Only minutes from I-85. Rents are low and there is 'upside' here. Each unit has it's own concrete pad front porch. Only 4 units were rented last year (one is under repair now from fire)...park still did about $23k last year gross and netted over $18k with one vacancy and extra building being used for storage! Owner only wants $129,000 all cash!! Call me for info!!  WWW.EMCATLANTA.COM

Orangeburg/Cordova, SC Sold!

Seneca, SC Area Seneca, SC. area This package consist of 14 small mobile home parks and a storage/strip business center with a total of 254 rental units.  Most of these small parks have room to add another unit and some have extra acreage to add several units.  The units are mostly singlewides and vary in unit age and type of tenants in parks.  The parks are all on County or city water and septic tanks. The parks have maintenance and management in place that do an excellent job and will stay on with parks in the sale! This is a beautiful area with hills and Lakes Hartwell and Keowee close by. The streets are gravel or asphalt. This operation netted just over $620k last year!!  THE PRICE NOW IS $4,620,000 FOR A GREAT RETURN OF 14% WITH HUGE UPSIDE! THERE IS LOCAL BANK FINANCING!!! NOW! ...SENECA IS IN THE UPSTATE NEAR i-85 AND THE ..GA/SC LINE this is a great opportunity in a gorgeous part of the country.  Just a few minutes off of I-85. WWW.EMCATLANTA.COM

Kingsport/Churchill, TN
Kingsport/Churchill, TN...7 acre 35 pads with 24 lots occupied now with unit rental or lot rental, room to add one more lot.  Pad rent needs to be raised, lowest in the area. Park has gravel and concrete streets. Park rents monthly only! Park has septic/city water and all utilities are separately metered. most of the mobile homes are 2000 models or newer and all are 16x80's singlewides. The owners large modular home (nice,large 3/2) is being thrown in the deal for owner or rental, will bring in another 600-800/month rent! Park grossed $108k last year and netted right at $95k.  With the additional owners modular (another $125k thrown in) the park's value is somewhere in the one million range. Owner's are asking $800k/cash and want an offer!! WWW.EMCATLANTA.COM

I Have Other Properties!

Check out our website at WWW.EMCATLANTA.COM 

For Additional Information On Any Of The Above Properties, Contact:

Barry Henson Real Estate and Equitable Management Co.
Barry Henson

736 Johnson Ferry Road - C 220
Marietta, GA 30068
Phone 770-579-6777 ext 108
Fax   770-579-6201
 

For More Information On These Properties,
 Please Call The Phone # Above or
Submit The Form Below To Send An Email.


Your Name
(required)
 

Phone

Email (required)
 

Comments:

Security Field - MUST ENTER the following 3 letters (all caps) into the box below for security:

MHP

 

 

 

 

 
The information on the NicheInvestment.com network of sites has been obtained from sources we believe to be reliable.  However we make no guarantee, warranty or representation on the information provided and it has not been independently verified.  It is your responsibility to verify its accuracy and completeness.  In all cases you should enlist the the services of competent counsel to aid you in the verification.  Copyright 1999 - 2008.

Contact Us        About Us        MH Associations        Landlord Tenant Laws        Articles        Advertise With Us        Privacy Policy       Terms of Service