For Sale
$6,425,000

250 900 Tooele, UT 84074

68 Units, High Occupancy, Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a portfolio of three mobile home parks strategically located in Tooele, Ogden, and Tremonton, Utah. The portfolio comprises 68 units, including 67 mobile home sites and one single-family residence, totaling 240,451 square feet across 5.52 acres. Currently operating at 100% occupancy, the portfolio boasts a strong NOI of $321,137, representing a 5.00% cap rate with a pro-forma cap rate of 6.43%. Individual park details include: Bear River Estates MHC (Tremonton) with 20 sites averaging $506 monthly rent

Highlights

  • 68-site, three-park portfolio in the Salt Lake City metro area (Tooele, Ogden, & Tremonton, UT).
  • Portfolio includes 67 mobile home sites and one single-family residence.
  • City water, city sewer, and direct-billed electricity.
  • Flat-rate water and sewer; trash included in rent; no gas.
  • 5.52 acres total.
  • 100% occupancy across all parks.

Property Details for 250 900

Property type
Mobile home & RV parks, Residential income homes
Square Feet
240,451 SF
Class
C
Buildings
1
Lot Size (sq. ft)
240,451 SF
Units
68

Location Insight

City
Tooele
County
Tooele
State
Utah
Latitude
40.5161931
Longitude
-112.3119943

FAQs

What type of property is this?
Mobile home & RV park - 68 Units, High Occupancy, Value-Add
Where is the mobile home & rv park located?
The property is located at 250 900 Tooele, UT.
What is the asking price?
The asking price for this property is $6,425,000.
What are key features of this property?
This property features: 68-site, three-park portfolio in the Salt Lake City metro area (Tooele, Ogden, & Tremonton, UT).; Portfolio includes 67 mobile home sites and one single-family residence.; City water, city sewer, and direct-billed electricity.
How can I contact the broker?
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250 900
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