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Businesses For Sale   >>   Wyoming Businesses For Sale

Mobile Home And RV Park For Sale

Location  Wyoming,United States
Asking Price Range  $250K - $500K
Gross Revenues  $100000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Moving

Description  
Mobile Home and RV Park. I am moving. This is a money maker if you are a investor and interested in making money in this economy and this is why: Versus a hotel or anything else Mobile Home Park Money Trees Mobile home park investors across the nation are raking in the dough while countless single family home real estate investors are struggling to turn a monthly profit. Okay, so it's not exactly like investing on Madison Ave. However, if you have the knowledge you can do just as well as the Donald Trump in real estate. Just ask Jim Clayton of Clayton homes who sold his company and portfolio of mobile home parks to Warren Buffett for a cool $1.7 Billion dollars! 30 Space Park, $300 a month Rent Roll (50% Vacant) = $45,000 yearly rent $45,000 - 15,000 (33% of rent goes towards Operating Expenses) = $30,000 $30,000 (N.O.I.) / 9.0 % (cap rate) = $333,333 (Your Purchase Price) The Upside: 30 Space Park, 100% Occupancy, $320 a month rent roll = $115,200 yearly rent $115,200 - $34,560 (30% park operating expenses) = $80,640 $80,640 (N.O.I.) / 9.0% (cap rate) = $896,000 (at 100% occupancy) Over $500,000 profit! Call Angela at 432-448-3674.


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