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Brigham Village Mobile Home Community 410 N Main St

37 Unit Mobile Home Park £2,734,663 (£73,910/Unit) 5.41% Net Initial Yield Brigham City, UT 84302

Executive Summary

Fantastic opportunity to purchase a rare, full-occupancy mobile home community in Brigham City. The property has 37 leased units, including 34 mobile homes, a single-family home, and 2 commercial/retail units. The community is owner-occupied, and no rentals are currently allowed. Lot rent is $515 per month, with tons of upside in a new owner implementing water/trash passthrough billing, bringing in Fiber Internet, and raising the lot rent to market rate. Current ownership has done extensive capital improvement projects and cleared the path for a Buyer to come in and cashflow from day one. Potential redevelopment of the ~3.09 acres is possible, and the property is a perfect opportunity to collect rent while working through entitlements.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,734,663
Price Per Unit £73,910
Sale Type Investment
Net Initial Yield 5.41%
No. Units 37
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Lot Size 3.09 AC
Building Size 18,500 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1963
Parking Ratio 2.16/1,000 SF
Opportunity Zone Yes

zoning

Zoning Code GC (General Commercial District)
GC (General Commercial District)
  • Listing ID: 31222043

  • Date on Market: 14/03/2024

  • Last Updated:

  • Address: 410 N Main St, Brigham City, UT 84302

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