1010 Maple St - Manufactured Housing/Mobile Housing FOR SALE


Chadron, NE 69337 | 
$1,499,000 USD
213-446-5366
1010 Maple St, Chadron, NE for Sale
$1,499,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/51
null | 6.54% Cap Rate

1010 Maple St
Chadron, NE 69337


HIGHLIGHTS

  • 65 Total Pads, 25 Occupied — strong base with immediate growth potential
  • 6 Tenant-Owned Homes (TOH) — stable tenants paying $375 + utilities, Lot rent has room for a $100 increase
  • 19 Park-Owned Homes (POH) — current rents $750–$1,000, Opportunity for $150+ rent increases post-renovation
  • 3 Ready-to-Rent (RTR) Units
  • Active Waiting List — strong, proven tenant demand

OVERVIEW

Welcome to Pony Park, a 65-pad mobile home community positioned in the thriving and steadily growing market of Chadron, Nebraska! ?? This community presents a heavy value-add opportunity supported by strong infrastructure, city-provided utilities, and major upside potential through home renovations, occupancy growth, and rent increases. With just 25 pads currently occupied, active renovations happening now, and a waiting list of ready-to-move-in tenants, Pony Park offers investors a clear and scalable path to NOI growth and long-term value creation. ?? ?? City Services • Heavy Value-Add • Strong Market Demand ? Property Overview ?? 65 Total Pads ??? 25 Occupied — solid base with immediate room to scale ?? 6 Tenant-Owned Homes (TOH) — tenants paying $375 ?? Lot rent increase potential: + $100 ?? 19 Park-Owned Homes (POH) — rents $750–$1,000 ?? Post-renovation rent upside: + $150+ ??? 3 Ready-to-Rent (RTR) Homes ? 17 Vacant Pads — powerful infill opportunity ?? Ongoing Renovations — new inventory added monthly ?? Active Waiting List — proven demand & immediate lease-up potential ?? City Services — reliable water & sewer infrastructure ?? Utilities & Infrastructure ?? City Water/Sewer & Trash — billed back at $100/month per home ? Individually Metered Electric & Gas — direct-billed to residents ?? Utility Bill-Back Program — maximizes expense recovery ??? Municipal Services — reduced maintenance and streamlined operations ?? Financial Highlights ?? Asking Price: $1,699,999 Seller Financing Terms $699,000 downpayment Carry $1M 5% Interest 18-month carry ?? Current NOI: Strong and increasing as more homes are renovated, rented, and filled ?? Rent Upside: TOH Lot Rent: + $100 POH Rent: + $150+ ?? Occupancy Growth: Filling remaining pads can double NOI potential ?? Value-Add Opportunities ? Renovate 20 existing homes to expand rental revenue ? Lease-up 17 vacant pads — demand already proven ? Raise below-market lot and home rents ? Strengthen operations through city utilities & individual metering ? Achieve significant NOI growth as the park stabilizes ?? Why Invest in Pony Park?? ?? Strong local housing demand — consistent tenant waiting list ?? City utilities streamline operations & reduce overhead ?? Below-market rents offer immediate income growth ?? Ideal for value-add investors seeking both scale & stability ?? Solid infrastructure supports long-term performance ?? Bottom Line Pony Park delivers the ideal combination of cash flow, scalability, and long-term upside. With city services, strong tenant demand, and multiple value-add levers, this community is positioned for investors ready to capture both immediate returns and sustained growth potential. ?? ?? Don’t miss this rare opportunity to acquire a high-upside, infrastructure-ready mobile home park in Chadron, Nebraska!

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

65

PRICE/UNIT

$23,062

CAP RATE

6.54%

% LEASED

36%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pony Park MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.63 AC

LAND SF

332,363 SF

ZONING

03

APN/PARCEL ID

230006546

ASK ABOUT THIS PROPERTY

Jennifer SteinJDS Real Estate Services, Inc.More Info
213-446-5366

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Jennifer SteinJDS Real Estate Services, Inc.More Info
213-446-5366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.