Parks4Sale.com

I have no idea what the rest of the property looks like, but this picture sure makes your imagination run wild!  I have a feeling thisCalifornia property is someone’s dream come true!  It’s even in a place called “Nice”!

Here’s the ad:

RV PARK PAYS FOR ITSELF!
Solid history for this park on the lake. Rented year round with fishing platform, boat launch, beach, laundry, showers and more. 

Offered by Laurie Von Rekowski of Century 21 Lake Realty, (707)350-5617

MLS # 105652
Price: $1,300,000 
Year Built: 1949
Location: Nice, CA

As I was updating the Passive Income Property custom search engine this morning, I noticed that there are several inexpensive properties for sale around the country including mobile home parks, rv parks and mini-storage facilities. These could be good opportunities for the beginning investor to get their feet wet with these kinds of properties.

Remember to research any property you’re considering. Usually there is a good reason a property is inexpensive. That doesn’t mean there’s anything “scary” about the property, but the bottom line is to not buy anything you can’t afford if the worst-case scenario happens.

Having said that, plug the numbers into the investment property calculator and see how the deal looks. If you’re comfortable with the figures, then go for it! If not, or if you could be jeopardizing your lifestyle, be careful not to base your decision on dreams, but rather on sound reason.

Ministorages

1) Washington Mini-Storage

NEW 10 UNIT MINI-STORAGE, BUILT IN 2006. ALL UNITS ARE 10 X 20 WITH CONCRETE FLOORS & ROLL UP DOORS. LOTS OF ROOM FOR EXPANSION INCLUDING ADDITIONAL UNITS, RV & BOAT STORAGE OR OTHER INDUSTRIAL USEAGE. CARETAKERS RESIDENCE CAN BE PLACED ON PROPERTY WITH CITY APPROVED VARIANCE. CITY WATER AVAILABLE, NO SEWER AVAILABLE AT THIS TIME.

MLS#: 28028111
Price: $79,900
Windermere R.E./Kettle Falls

Kettle Falls, WA, 99141
Ron Snyder
509-738-6521

2) South Carolina Mini-Storage

24 Unit Mini Storage with Owner Finance! 24 unit self storage facility on 2.64 Acres. Eight 5X10 rent for $34, Two 10X20 rent for $65, Fourteen 10X10 rent for $44. About 1 acre fenced in with room to add more buildings inside fence and outside the fence. Owner will finance with 10% down, mortgage based on 30 year loan at 7% with 5 year balloon. Motivated seller will greatly discount for quick cash purchase.

$79,900
MLS ID: 166783
Mark Brian  (864)353-1253
Silver Star Real Estate LLC

Mobile Home Parks

1) Maine Mobile Home Park

Own your own trailer park! What an opportunity! 6 lot mobile home park, licensed for 10. Rural location, great rental history, well & septic in place. Low maintenance investment & easy to manage. Income producing storage building/business also available.

$159,900      
MLS#:909790

Sprague & Curtis Real Estate
Augusta, ME 04330
(207) 623-1123
James Pepin

2) Tennessee Mobile Home Park

White Oak Trailer Park consist of 10 mobile homes sitting on 5.08 +/- acres. It is located close to Barkley Lake with an easy drive to Ft. Campbell or Clarksville. Each unit unit has 2 bedrooms and 1 bathroom. Each home was built between 1996 and 1997. The units measure 14×56. Some units are currently being rented at $400/month.

$294,000
Tommy Dabbs
Dabbs Realty Group
615-498-3441
931-552-1812

3) Nebraska Mobile Home Park

10 space, 10 park owned homes in North Platee, NE – OWC with 20% down and delay 1st payment for 6 months to give time to lease up. Excellent Cash flow, small investment.

$180,000

Year Built 1971

North Platte, NE
Gregg Wahl
Unique Properties
303-321-5888

RV Parks 

1) Nebraska RV Park

Has state approved storm shelter (25ft x 80ft)
Has 30ft x 40ft garage bulding
Has 8 of the spots set up for trailer hook-up or 16 RV hookups.
5 Acres

Easy on or off access from interstate at Ogallala interchange.
$250,000

Jack Whitcomb
REMAX Great Plains Realty
308-532-3232 [Office]

Here’s a “dream opportunity” for the right buyer! Located in far northern California – where the west is still wild, is the Rite Spot campground. Just think, for the price of a small loft in San Francisco you could have all this:

From the listing: The Rite Spot is 8 Cabins, a mobile home park licensed for 10 spaces, 4 R V rental spaces and a laundromat open to the public. Great income with so much potential for more! All of this on 5 acres.

42118 Hwy 299 None
Willow Creek, CA 95573 $545,000

For more information contact: RE/MAX Humboldt Realty or call (707) 822-2955

I saw this one for sale a few weeks ago and thought I might have a buyer for it, but to no avail After speaking with Diana, the seller, I think this could be a great opportunity for someone to get into an inexpensive park with a lot of upside. Today, I noticed that it’s on eBay.

Here’s the listing:

This small park was formerly used as a mobile home park in La Crosse, Kansas. The original owners built this one, along with the other mobile home park in town. Today neither are open. This one was sold when the father passed away and the mother went into long term care. Anyway, the current owners/sellers bought it based on a job offer that went south and now do not wish to stay in the area. Their original intent was to convert it to an RV park and live there full time. From what I was told, there are separate utilities for each space except two meters have vanished since it’s been vacant, so they would need to be replaced.

Space rent for RV’s should be in the $20/night, $350/ month range, but you could get some business with lower prices. This is a very central location, not too far off the beaten path (I-70). For a buyer who’s on a limited income, but would like to live and run an RV or MH park, this is a great opportunity.

Nitty Gritty – Rarely do you find a park with the upside potential this one has!

• Yes, it’s vacant, but you don’t have any competition in the immediate area so rebuilding should not be too difficult.
• The separate meters are a huge plus!
• Furthermore, it’s smack-dab in the middle of town so it would appeal to visitors and long-term guests alike.
• Lastly, there is a rental shortage in the area.
• If I were going to buy this, I’d go buy some inexpensive newer 2br & 3br mobile homes and fill the park. Then turn around and either rent them, or better yet, sell them on a land contract knowing you can easily recoup your initial investment and have a nice return to boot!

If you’re interested in getting more information contact Diana at 620-282-2581or email: reillocd@barshas.com