Historical Multifamily Sale Listing - Duncan Mobile Village

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Duncan Mobile Village

1702 Green Meadow Drive, Duncan, OK 73533

Duncan

Duncan

  • N/A
  • 185
  • Multifamily
  • Mobile Home/ RV Community
  • Investment
  • 2.5%
  • 35 AC
Last Verified  10/5/2008 Listing ID  15839151

Description

Reduced!!100k!! Owner will carry! 150k Down! 6.5 You pick 5 year 10 year ect.. This park (which you can build real SFR homes on! Check with city!) is located at 1702 green meadow dr. Duncan, Oklahoma. the name is Duncan Mobile Village. there are 185 spaces of which approx. 32 spaces are currently rented to space renters and tenants of park owned homes. The income is just went up from approx. $5000 per month. To 6345 per month, space renters pay $115 and park owned homes rent from $295-$395 per month. the park is on city water and sewer. The expenses are as follows: Taxes $4000 per year, wages $10,800. utilities $9600. insurance $3200. repairs and maintenance $3600. Payroll taxes $1800. license and permits $200. Telephone $720. The park needs a new owner to purchase used single wide homes and either rent them to tenants or rent to own them. There is a need for low priced rentals in the Duncan area. The park sits on 35 acres of land. This park has tremendous potential to raise the income dramatically if someone has the time to invest in bringing in homes. about 60 space are ready to go. Excellent manager at the property. Offers for trade for Ca or Vegas property too.

Just off the 81. Cross street is Cook St.

Map of 1702 Green Meadow Drive, Duncan, OK 73533 (Stephens County)

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Created 8/7/2008

Additional Information for 1702 Green Meadow Drive, Duncan, OK 73533