Property Description

Valle Acres Mobile Home Park presents an outstanding investment opportunity with immediate cash flow and exceptional upside potential. Priced at $750,000, with a 9% + Cap rate ,this 18-lot manufactured home community is a true value-add asset offering a clear path to increased income without requiring a major turnaround. The property consists of 17 mobile home sites plus a leased garage/storage building, with 11 lots currently additional lease-ups are already in progress, while six more prepared lots are ready for homes to be placed, creating a straightforward opportunity to substantially increase revenue. At full occupancy, the park has the potential to generate approximately $156,000 in annual gross income, supporting a value well in excess of $1million. Operating expenses remain exceptionally low at approximately $22,500 annually, resulting in an impressive expense ratio of just 22-25%, well belowindustry averages. The community is served by a private well, public sewer, and benefits from a recently negotiated lower-cost trash contract. An additionalundeveloped section of the property provides even more upside, ideal for RV, boat, vehicle, or tenant storage, creating an attractive ancillary income stream. Complete rent roll and financial package are available for qualified buyers. Whether you're looking to expand your portfolio or invest in a high-potential income property, Valle Acres offers immediate returns with tremendous long-term growth potential.

Property Features