Address unlisted

SOLD! Consists of 40 rented spaces: 21 mobile homes; 10 RV (8 permanent; 1 motorhome; 1 vacant); 7 cottages; 2 Lake/Canalfront homes. All tenants except one pay annually. This is an Adult Mobile Home Park with good rental history 99% full for at least 5 years in row with rents below market and have never been raised. Jan. 2014 rents have been raised and management salary to be added. Now tenants maintain their own sites with hourly labor to do minor maintenance/rent collection(if/when needed). 10% Cap rate either way. The only vacancy is a cottage used as storage/ can easily be rented. This is an Adult MH Park.