Scott-Huron Trailer Park Investment · BALL TRAILER PARK Investment Opportunity FOR SALE $517,000...

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Transcript of Scott-Huron Trailer Park Investment · BALL TRAILER PARK Investment Opportunity FOR SALE $517,000...

SCOTT BLOUNT

scott@lloydcompanies.com

BALL TRAILER PARKInvestment Opportunity

FOR SALE $517,000

SIZE

DESCRIPTION

PRICE$517,00036 Total Lots

34 Developed Lots 2 Undeveloped Lots 32 Lots Currently Occupied

LOCATION

1500 4th Street SWHuron, SD 57350

231-1882605

Find out more at Lloydcompanies.com

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103Information deemed reliable, but not guaranteed.

Located on the SW corner of Ordway Avenue SW and 3rd Street SW in Huron, South Dakota.

Conveniently located 3 blocks west of Lincoln Avenue SWEstablished trailer park with many long-term Tenants

Contact Broker for additional information

Within walking distance to nearby softball fields and park

AVAILABLE

Currently managed by an on-site manager (10% management fee)

AVAILABLE

SITE LOCATION

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103Information deemed reliable, but not guaranteed.

SCOTT BLOUNT

scott@lloydcompanies.com231-188260

5BALL TRAILER PARKInvestment Opportunity

SITE AERIAL

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103Information deemed reliable, but not guaranteed.

SCOTT BLOUNT

scott@lloydcompanies.com231-188260

5

AVAILABLE

STATE MAP

BALL TRAILER PARKInvestment Opportunity

FINANCIALS

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103Information deemed reliable, but not guaranteed.

SCOTT BLOUNT

scott@lloydcompanies.com231-188260

5BALL TRAILER PARKInvestment Opportunity

Monthly Rent Annual Income5 Premiums Lots 205.00$ 12,300.00$

29 Regular Lots 185.00$ 64,380.00$Total Income 76,680.00$5% Vacancy ($3,834.00)

Adjusted Total Income 72,846.00$

Expenses Taxes 1,032$Insurance 1,537$

Management Fee (10%) 7,285$Water 360$Electric 280$

Snow Removal 150$Total Expenses 10,644$

Adjusted Total Income 72,846$Total Expenses (10,644)$

Net Operating Income 62,202$

Sales Price 517,000.00$Cap. Rate 12.03%

Leased Lots

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103Information deemed reliable, but not guaranteed.

SCOTT BLOUNT

scott@lloydcompanies.com231-188260

5

MARKET PROFILE

BALL TRAILER PARKInvestment Opportunity