Sunset Drive Mobile Home Park

Name: Sunset Drive Mobile Home Park
Address: Somerset, Kentucky

Somerset, Kentucky · Mobile Home Park

Total Sites

Type

Mobile Home Park

Estimated Value

$511,055 – $1,138,425

About This Property

We are pleased to present Sunset Drive Mobile Home Park located in Somerset, Kentucky. Sunset Drive Mobile Home Park is 43 site community located in Somerset, Kentucky. The community is serviced by municipal sewage and water which are direct billed to the residents. There are currently 5 community owned homes and 8 vacant sites. The current owner has spent significant time and capital renovating the community and homes in recent months. Somerset, located in eastern Kentucky, is the county seat of Pulaski County, and located in the eastern end of Kentucky's Mississippian Plateau. Sunset Drive MHP is just 45 minutes from Lake Cumberland, a very popular attraction in Eastern Kentucky generating roughly $150MM per year in tourism revenue. The Cumberland River, a tributary to the lake, is also close by. Currently the community is absentee managed by an out of state investor and is roughly 1 hour from a large airport. This investment provides an opportunity for a new investor to purchase a truly absentee managed asset. As always, this is a confidential sale. Please do not go to the community without setting up a showing appointment with the listing agents. If on site, do not under any circumstances speak with any tenants or employees. Please contact us for additional information.