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Mobile Home And RV Park For Sale
Location: United States -> Wyoming -> Thermopolis
Industry: Hotels and Holiday Accommodation > Camping and Parks

Business Summary

Mobile Home and RV Park. I am moving. This is a money maker if you are a investor and interested in making money in this economy and this is why:

Versus a hotel or anything else

Mobile Home Park Money Trees
Mobile home park investors across the nation are raking in the dough while countless single family home real estate investors are struggling to turn a monthly profit. Okay, so it's not exactly like investing on Madison Ave. However, if you have the knowledge you can do just as well as the Donald Trump in real estate. Just ask Jim Clayton of Clayton homes who sold his company and portfolio of mobile home parks to Warren Buffett for a cool $1.7 Billion dollars!

30 Space Park, $300 a month Rent Roll (50% Vacant) = $45,000 yearly rent
$45,000 - 15,000 (33% of rent goes towards Operating Expenses) = $30,000
$30,000 (N.O.I.) / 9.0 % (cap rate) = $333,333 (Your Purchase Price)

The Upside:
30 Space Park, 100% Occupancy, $320 a month rent roll = $115,200 yearly rent
$115,200 - $34,560 (30% park operating expenses) = $80,640
$80,640 (N.O.I.) / 9.0% (cap rate) = $896,000 (at 100% occupancy)
Over $500,000 profit!

Call Angela at 432-448-3674.


Asking Price Range:  $250K - $500K
Gross Revenues:   $100,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Moving


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Mobile Home And RV Park For Sale Photo 1

Print Listing Id: 700178144
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Wyoming Businesses For Sale > Wyoming Franchises For Sale > Wyoming Business Brokers

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