Turnkey, cash-flowing mobile home park offering immediate stable income with clear upside potential. The property consists of 27 homes (including 1 tenant-owned home) and is currently 100% occupied at market rents, providing consistent and reliable cash flow from day one.
This asset is professionally managed with an established operational structure already in place, minimizing owner involvement and ensuring smooth day-to-day performance. Recent new asphalt throughout the park enhances curb appeal and reduces near-term capital expenditure needs.
A major value-add component is the approximately 3 acres of cleared land, allowing for the addition of up to 9 additional homes, creating a straightforward path to increasing NOI and overall asset value.
The park benefits from strong local demand, with consistent inquiries from prospective tenants, driven in part by desirable nearby schools and a growing surrounding area. This demand supports rent stability and future growth.