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Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 11.1%
- Listing ID: 102126
- Posted On: Aug 2, 2011
- Updated On: Dec 11, 2023
Description
26 Site Mobile Home Community, Well water and city sewer (Park Pays) Good investment for the guy that is looking to be hands on.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 56.0 % |
Financial Information (Actual)
| Gross Income: | $71,000 |
| Operating Expense: | $37,187 |
| Net Operating Income: | $33,813 |
| Expense Ratio: | 52.4 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 15 |
| Average Rent for Park-owned Homes: | $423 |
