Mobile Home Park

Mile High Mobile Home Park

50 S 1500 W, Vernal, UT 84078

Listing Price: $2,600,000

Cap Rate
6.27%
Number of Spaces
94
Lot Size
19.47 acres
Occupancy
52.0%
Price/Space
$27,660
Spaces/Acre
5.00
Year Built
1980

Investment Overview

Marcus & Millichap proudly presents for sale Mile High Mobile Home Park. Located just a short drive Dinosaur National Monument and the beautiful Flaming Gorge Reservoir the park is centrally located in Vernal City with quick access to a Walmart Supercenter, Smiths Foods, and Lowes Home Improvement. With parks of 90+ spaces the property is large enough to warrant management with much in gross revenue yet to be realized. A steadily growing city, the economy is driven by mining and tourism.

Investment Highlights

  • City Water/Sewer
  • Massive Value Add Opportunity
  • 1.5 miles from Super Walmart

Exclusively Listed By

Mobile Home Park

Mile High Mobile Home Park

Listing Price: $2,600,000

Cap Rate
6.27%
Number of Spaces
94
Lot Size
19.47 acres
Occupancy
52.0%
Price/Space
$27,660
Spaces/Acre
5.00
Year Built
1980

Investment Highlights

  • City Water/Sewer
  • Massive Value Add Opportunity
  • 1.5 miles from Super Walmart

Investment Overview

Marcus & Millichap proudly presents for sale Mile High Mobile Home Park. Located just a short drive Dinosaur National Monument and the beautiful Flaming Gorge Reservoir the park is centrally located in Vernal City with quick access to a Walmart Supercenter, Smiths Foods, and Lowes Home Improvement. With parks of 90+ spaces the property is large enough to warrant management with much in gross revenue yet to be realized. A steadily growing city, the economy is driven by mining and tourism.

Exclusively Listed By

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