Property can be developed as 4 buildable Lots or maintained as an 8-unit mobile home park. The park has all updated electrical. Mobile Homes are not included, but are available for purchase separately. One unit is tenant-owned and one unit needs to be replaced. This park is half full and has a cap rate of 6.6% as is, but fully occupied would cap at 12.1 or higher. If property were to be developed, all utilities are ready to go.
Original Listing