Contact Information
Jason Bergan
License: S65228000
Mobile Home Park Details
- Price: $1,375,000
- Cap Rate: 11.3%
- Listing ID: 6931084
- Posted On: Jun 27, 2025
- Updated On: Jun 27, 2025
Description
Consisting of 3 manufactured housing communities, this portfolio offers new ownership exclusive asset control within the City of Hamilton. This opportunity offers new ownership not only scalability and operational efficiency, but revenue predictability and long-term value creation as well.
-Exclusive Asset Control
-NOI- $155k, CAP 11.3%
-City Utilities- Direct Billed
-Management in Place
-RTOs in Place
-Additional RTOs Available
-Housing Demand- Infill Opportunities
Location
Capitalize on Hamilton’s affordable housing demand through infill, or realize immediate gain through the sale of POHs and increased advertisement of RV lots.
Contact Broker for Additional Details
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 32 |
| Total Occupancy: | 71.0 % |
Financial Information
| Gross Income: | $196,500 |
| Operating Expense: | $41,100 |
| Net Operating Income: | $155,300 |
| Expense Ratio: | 20.9 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
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