Mobile Home Park For Sale A and W 121911

MHRV Advisors		Mobile Home Parks For Sale & Financing Loans
The Leading Park Brokers		RV Parks For Sale & Financing Loans

For Sale

A r r o w h e a d & W i l l o w M a n o r

oregon mobile home park for sale

Clean Low Density Parks	♦ $700,000 - 8.3% Cap
Includes Newer Section	♦ Only $20,588/Space No Rent Control
On City Services	♦ On City Water and Sewer
FOR SALE	♦ No Park Owned Homes, Large Spaces

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All Listings Summary

MHRV ADVISORS: Great clean & stable park with newer section, city services and direct bill electric. 13 Spaces were built in 1996-1997. Below market rents at only @ $250 for sale and only $20,588 per space. The parks are adjacent to each other and essentially operate as 1 park. Arrowhead has 21 spaces with only 2 vacant pads and Willow Manor has 13 spaces with no vacancies.. Rents are $250 with direct billed electric and submetered water. Sewer and trash are included in the space rent.

The park is located just off the Crater Lake Parkway 39 and close to major retail, the Klamath County Fairgrounds and just south of the main east-west thoroughfare – Shasta Avenue.

This a great opportunity to purchase a newer mobile home park on city services at well below replacement cost and have immediate cash flow at close or escrow. Market rents are in the $290 to $315 range.

Please do not contact property manager or tenants. All visits must be approved by MHRV Advisors prior to visit.

MHRV Advisors fully cooperates and openly encourages broker and agent participation on all of our listings.

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Please do not contact property manager or tenants, contact MHRV Advisors before any visit.

THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED HEREIN.

The information contained herein has either been given to us by the owner or the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate.

Vince Reynolds

Norman Sangalang

Mobile Home Park Broker Vince Reynolds