LOUISA COURT MOBILE HOME PARK | 10325 County Road G44X
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LOUISA COURT MOBILE HOME PARK 10325 County Road G44X
76 Unit Mobile Home Park $1,200,000 ($15,789/Unit) 8.80% Cap Rate Muscatine, IA 52761
Investment Highlights
- LOT RENT: The current lot rent is $250 per month, well below the market average of $300–$350 for comparable parks in the area.
- UTILITIES: The park operates on private utilities with all utility expenses passed through to tenants.
- RV HOOK UPS: Includes 30 RV lots, fully equipped with utility infrastructure.
- This creates an opportunity for new ownership to increase revenue through rent adjustments and pad occupancy.
- OCCUPANCY: Many residents have long-term tenancies, contributing to community stability.
Executive Summary
Adam Marek
License No. F03991000 (IA)
(866) 889-0550
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha,
NE 68154
License No. F03991000 (IA)
(866) 889-0550
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha,
NE 68154
Property Facts
| Price | $1,200,000 | Apartment Style | Single Family Home |
| Price Per Unit | $15,789 | Building Class | C |
| Sale Type | Investment | Lot Size | 12.00 AC |
| Cap Rate | 8.80% | Building Size | 636,411 SF |
| No. Units | 76 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $1,200,000 |
| Price Per Unit | $15,789 |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 12.00 AC |
| Building Size | 636,411 SF |
| No. Stories | 1 |
| Year Built | 2000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 76 | - | - |
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(949) 287-5862
x816
Contacts
-
Arthur Varela -
Kevin Puder -
Chad Kurz -
Matthews Real Estate Investment Services
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LOUISA COURT MOBILE HOME PARK | 10325 County Road G44X
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