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Mountain View Mobile Home Park
1060 South Main, Brigham City, UT 84302
Last Verified 1/26/2005
Listing ID 13966969
Highlights
10.6% Initial Cash on Cash Return- Growing Employment Base
- 20.1% Pro Forma Cash on Cash Return
- Small Town Living with Close Access to SLC-Ogden MSA
- 1 Hr Drive to SLC
- Call Listing Agent for PDF Package
Description
Mountain View is a 2-Star, all-age community located on a major thoroughfare in Brigham City, Utah, a growing suburb of the Salt Lake-Ogden MSA. The property is clean and well maintained with wide streets. All 80 spaces accommodate single-wides. The location has attractive views of the Wasatch Mountains. All spaces are directly billed for cable TV, gas and electricity. Water, sewer (city water/sewer) and trash are included in the rent. The current owner has recently replaced 500 feet of water lines and has cured vacancy by flooring and selling 15 contract homes. The contracts are included in the purchase price and will be transferred to the Buyer at closing. There is a possible upside from sub metering the water. The property offers a playground and storage area. The property is located approximately a mile east of Interstate 15 and is a one-hour?s drive from downtown Salt Lake City. The park is near schools, grocery and retail stores and a hospital.
Brigham City, named after Brigham Young the early LDS leader and pioneer colonizer of the Intermountain West, is Located 56 miles north of Salt Lake City. The climate is moderate with low humidity. Summer temperatures range between 80 and 90 degrees and in winter between 20 and 35 degrees. In Brigham City, there are 9 elementary schools, one middle school and one high school. The high school graduation rate is nearly 90%. The city is within an hour of three major Universities: Utah State University in Logan (25 miles), Weber State University in Ogden (20 miles) and the University of Utah in Salt Lake (56 miles). Brigham City Community Hospital serves the city supplemented with life-flight helicopter access to the University of Utah Hospital. The median gross rent in Brigham City is $524/month and the median home price is $118,900, according to the Census. Brigham City?s top three major employers are manufacturers: Thiokol Corporation (aerospace), La-Z-Boy ? Utah (furniture) and Autoliv (automotive) and Wal-Mart has a distribution Center in town. There is also significant agribusiness and tourism in the area. Many of the city?s residents commute to high paying jobs in Ogden a
Map of 1060 South Main, Brigham City, UT 84302 (Box Elder County)
Created 7/16/2004
Additional Information for 1060 S Main Street, Brigham City, UT 84302
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P