Lee Highway Mobile Home Park

Category Description
Location: Bristol, Virginia (Pictures)
Additional Information This very attractive park has 70 sites and 100 percent occupancy. The property has city water and sewer. Rental rates for the sites are $200/month. Gross rent is $14,000/month and $168,000 annually. The expenses listed by the Owner are: Water/Sewer $1,500; electric $139.74; Business License $424.75 per quarter; and real estate taxes $3,432.94. There is an assumable note of $236,855 at 8 percent, 20 year amortization with 8 years remaining. Payment $3,275.90.

 

Asking Price: $1,750,000

For more information, contact Mary Frances de la Pava at (703) 549-4207 or mfdelapava@aol.com .

Information believed correct but not guaranteed