Value Add Property

• This mobile home park provides an opportunity for a quick return on your investment. Current monthly rental income is at $2,825.00 for just 6 of the possible 14 homes. The income statements depict 5-year rent-to-own contracts (8 upon purchase of property and 6 starting at year 2). Then $300/month for lot rent per trailer starting in year 7.

Tenant Responsibility

• Tenants are responsible for all of the utilities used. They are billed back for electricity and water. The current park owner has paid for past residents utilities that evaded payment, however with the right management overseeing the property, these expenses will not fall to the new owner.

City Responsibility

• The city of Donnellson is responsible for the repairs and snow removal for all of the streets in the park.