Photo of Land Lease Community
Photo of Trailer Park
Photo of Multi Family Housing
Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 8.3%
- Listing ID: 72810
- Posted On: Jun 24, 2011
- Updated On: Nov 23, 2011
Description
Talent Mobile Estates is a 98 space mobile home park with one tenant apartment. All homes are tenant owned with each tenant
paying their own utilities. Talent Mobile Estates is a very clean
desirable park with a history of low vacancy. It has been owned and managed by the same owners for over 24 years.
See attached Sales Package for more park information, photos, and financial information.
Seller will carry a new 1st trust deed.
Location
Talent is located in Southwest Oregon about 10 miles south
of Medford, Oregon.
Principals Only Please.
Amenities
- Laundromat
- Storage
- Pool
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 98 |
| Total Occupancy: | 97.0 % |
| Year Built: | 1964 |
| Average MH Lot Rent: | $342 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $421,236 |
| Operating Expense: | $155,368 |
| Net Operating Income: | $265,868 |
| Expense Ratio: | 36.9 % |
Lot Information
| Singlewide Lots: | 82 |
| Doublewide Lots: | 16 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
