Sunset Drive Mobile Home Park
Somerset, KY
Asking price
$1,525,000
Sites
—
Cap rate
—
Price / site
—
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.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $1,525,000 |
|---|---|
| Address | 113 Ringgold Road |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 12, 2026Price reduced$1,700,000 → $1,525,000
- Sep 12, 2026Price reduced
- Sep 6, 2026First seen by UnitListed
