MergerPlace

Mobile Home Park on Eastern Shore

Virginia


  • Asking Price: $1,190,000
  • Gross Income: $227,856
  • Cash Flow: $139,180
  • Real Estate: $990,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #203119
  • Established: 2004
  • Employees:

Business Description

This business is very clean and has been run without very little input from present owner allowing a very steady and consistent return on investment.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Virginia

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,190,000
Gross Revenue: $227,856
Cash Flow: $139,180
Real Estate: $990,000
Seller Financing Available: Yes

Property Information

Facilities:

This Mobile Home Park has 80 sites available.

Growth & expansion opportunities:

Present owner is not adept at the aspects of websites, Facebook and other routine social media marketing efforts. The new owner, with only slight attention to these details can surly boost revenue. Also, it is felt that rents are currently below market which would also make significant increases in revenue.

Competition:

So there are really no immediate competitors in the market area making this one of very few choices for those seeking to live in a Mobile Park neighborhood.

Reason for selling:

Because of age, present owner is looking for an investment a little closer to his home.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Richard Halterman

Murphy Business Brokers