Monte Vista Mobile Home Park

Sales Price: $3,200,000.00

Sales Price: $3,200,000.00
No. Spaces: 91
Price/Space: $35,714
Property Type: Family
Cap Ratio: 7.08%
Net Operating Income: $229,954
Lot Size: 10.4 Acres Acres

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Monte Vista is a 91 space park located in Emmett, Idaho. The property covers approx. 10.4 acres and is serviced by City utilities. Rents are $320 and tenants are responsible for all utilities (Any new Tenants are being charged $330/month Rents). The Water, Sewer and Garbage are all billed directly from the City; meters are owned and maintained by the City. The park could use some TLC in regards to Rules and Regulations being more strictly enforced.

There are 14 vacant pads and five park Owned homes that were recently moved into the park; Owner believes will be able to sell homes prior to closing but will include homes in the sale if not.