green valley mobile home park€¦ · equitytrustky.com green valley mobile home park, melbourne,...

17 acre 52 lot mobile home park (35 occupied), 2000 sf duplex, & 2 car garage

Green Valley Mobile Home Park5291 Four Mile Road

Melbourne, Kentucky 41059Campbell County

For more information contact

John Rockaway

Equity Trust Realty

Lexington, Kentucky

Office: (859) 273-5339Fax: (859) 273-5389

[email protected]

EquityTrustKY.com

Narrative

Green Valley Mobile Home is only nine miles

from downtown Cincinnati. Demographics include

a 10 mile radius population of over 600,000.

The property is serviced by city water and sewer

and all homes are owner occupied!

Sub-metering the water, moving to market rents,

and 17 vacant lots could offer significant near

term upside.

Property Highlights

• Licensed for 58 lots

• 52 pads built

• 35 pads occupied

• 2 story brick home converted

to a duplex

• City water & sewer

• No park owned homes

• Excess land with lake for

additional lots (RV?), a pay

lake, or other development.

Gre

en Valle

y M

HP

Green Valley Mobile Home Park, Melbourne, KYEquityTrustKY.com

This information has been obtained from sources deemed reliable. No warranties or representations, expressed or implied, as to the accuracy of this information are made by Equity Trust Realty. Owner’s intent to sell is confidential. Do not contact manager or residents without written permission from Equity Trust Realty.


Pro Forma

$2,000Electricity (duplex, security lights, lift station)

$33,000Water & Sewer

54

$30,000$250 per month10 Occupied Lots @

$0$0 per month17 Vacant lots

$12,000Repairs/Maintenance/Mowing

$58,700TOTAL

$10,000New Property Taxes

$0Trash (tenants billed direct)

$200Permits

$1,500Insurance

ESTIMATED EXPENSES

$124,500TOTAL

$12,000$500 per month2 Units in the brick duplex

$82,500$275 per month25 Occupied Lots @

SCHEDULED INCOME

Annual

Park Operating Data

Our Business is Kentucky Mobile Home Parks

Reasons for choosing Equity Trust Realty:

• An experienced team of manufactured home community specialists

• Focused and effective marketing

• Contact with active investors

• Full exposure to the market

• Experienced park owners that understand the business

For more information contact John Rockaway

Equity Trust Realty

Lexington, Kentucky

Office: (859) 273-5339

Fax: (859) 273-5389

[email protected]

EquityTrustKY.com

green valley mobile home park€¦ · equitytrustky.com green valley mobile home park, melbourne,...

Documents