916 Old Spanish Trail

Waveland, MS 39576

About this property

27 lot Mobile Home Park. 100% Never unoccupied lots. Seller Finance Available. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25,000 to $30,000 each. Nearly $140,000of lease owned contracts remain for maturity. Annual land taxes are $9,100. $372,369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7,200 and water and sewer $14,000 annually. No other expenses. Road needs work. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. When the road was new, mostly visitors would speed. Pot holes "good" keeps traffic slow..10 additional acres can be purchased for expansion

About this property

27 lot Mobile Home Park. 100% Never unoccupied lots. Seller Finance Available. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25,000 to $30,000 each. Nearly $140,000of lease owned contracts remain for maturity. Annual land taxes are $9,100. $372,369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7,200 and water and sewer $14,000 annually. No other expenses. Road needs work. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. When the road was new, mostly visitors would speed. Pot holes "good" keeps traffic slow..10 additional acres can be purchased for expansion

Features and Additional Information

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$1,490,000 Active
1,150 sqft

Presented By Maselle and Associates REALTORS

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Robert Joely White, Broker
1-228-323-0692
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Area Information

Hancock | Hancock County | Metes And Bounds

$ 1,490,000
This listing is play_arrow 562.2% higher than the average in the area
$ 225,000 in the area
1,150 SqFt
This listing is play_arrow 28.1% smaller than the average in the area
1,600 SqFt in the area
$ 1,296 $/SqFt
This listing is play_arrow 821.4% more than the average in the area
$ 141 $/SqFt in the area
14 days on site
This listing is play_arrow 93.9% below the average in the area
228 days on site in the area

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Listed By Robert J White
Brokerage: Robert Joely White, Broker

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