Text for Financial Spread Sheet. 27 lot Mobile Home Park. Never unoccupied lots. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25,000 to $30,000 each. Nearly $160,000 of lease owned contracts remain for maturity. Annual land taxes are $9,100. $372,369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7,200 and water and sewer $14,000 annually. No other expenses. Road is in bad shape. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. 10 additional acres can be purchased with the mobile home park for expansion
Listed By
Agency Name: Robert Joely White, Broker
Shown By
Agency Title: Mozingo Real Estate & Auction, Inc.
Agency Phone: 2288963400
Estimated Payment
$ 5,029.21 per month $3,783.46 Principal & Interest $749.92 Property Tax $495.83 Homeowner's Insurance
916 Old Spanish Trail | MLS# 4165683
This multi-family property located at 916 Old Spanish Trail, Waveland, MS 39576 is currently listed for sale with an asking price of $1,700,000. Search Waveland real estate on www.mozingoauctions.com today.