Contact Information
Mobile Home Park Details
- Price: $1,100,000
- Cap Rate: 8.9% (Actual)
- Listing ID: 6929885
- Posted On: Jun 26, 2025
- Updated On: Jun 26, 2025
Description
Listing Broker
Jennifer Stein Real Estate, Inc
Jennifer Stein
213.446.5366
WVMHP@jdsreservices.com
WV License: 010182-00
Summary:
- 25 lots
- 15 tenant owned
- 10 rent to own
- Direct billed city water and city sewer
- Low expenses
- The sellers owns another park nearby and is offering a discounted price if both parks are purchased together
Location
- Located in Morgan County
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Park Information
| Number of MH Lots: | 25 |
| Total Occupancy: | 100.0 % |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $113,760 |
| Operating Expense: | $15,386 |
| Net Operating Income: | $98,374 |
| Expense Ratio: | 13.5 % |
Utility Information
| Water: | City |
| Sewer: | City |
