Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.5%
- Listing ID: 416289
- Posted On: Nov 24, 2013
- Updated On: Nov 29, 2014
Description
Long term family ownership, very well maintained and managed park in small rural community, Close to DIA and I-76 corridor, 8 seller owned units and
3 bdr 2 bath single family home are included,
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 41 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1950 |
| Average MH Lot Rent: | $325 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $206 |
| Operating Expense: | $96 |
| Net Operating Income: | $112 |
| Expense Ratio: | 46.6 % |
Lot Information
| Singlewide Lots: | 37 |
| Doublewide Lots: | 4 |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $350 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $700 |