Osceola MHP

201 Central St,
Osceola, NE 68651

Osceola MHP

$150,000
Offering Price
8.17
GRM
$16,667
Price Per Unit
9
Number of Pads
10.74%
Cap Rate
43,560
Land Acres
$150,000
Offering Price
8.17
GRM
$16,667
Price Per Unit
9
Number of Pads
10.74%
Cap Rate
43,560
Land Acres

  • This property is at full capacity with tenants up-to-date on payments. The property has low overhead, only a single park owned home, growth available and solid infrastructure to include new sanitary sewer lines in 2020. Current lot rents are below market value which leaves plenty of room for upside to a new owner. Current financials are actuals resulting in a 10 CAP property.

  • The property has easy and attainable upside through increased lot rent. Current ownership has not raised lot rent in several years resulting in below market value lot rent.

  • Current owners are amenable to managing the property.

Osceola, NE

  • Osceola, NE is a city of about 900 people and is home to the county hospital, a Chevrolet dealership, and various local area employers. Osceola is located approximately 30 minutes from Columbus, NE (population 22,000) which is home to a college, hospital, and numerous manufacturing and agricultural careers. Osceola is located approximately 60 miles northwest of Lincoln, NE, which as the capital city boasts a population exceeding 280,000 people, and a wide variety of career opportunities.
FOR MORE DETAILS CONTACT
Jason Bergan
Broker
(563) 880-9679
jbergan@c21sre.com
S65228000 (IA)
Drew Vlazny
Broker
(563) 880-6200
drew@c21sre.com
20220468 (NE)