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Minni Storages
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.3%
- Listing ID: 102133
- Posted On: Aug 2, 2011
- Updated On: Dec 11, 2023
Description
2 homes sold on contract @ 400.00 monthly.
Mini Storages: 36 Units Number Occupied: 16 Average Monthly Rent: $28.00
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 57 |
| Total Occupancy: | 65.0 % |
| Average MH Lot Rent: | $167 |
| Size: | 20 acre(s) |
Financial Information (Actual)
| Gross Income: | $89,124 |
| Operating Expense: | $22,281 |
| Net Operating Income: | $66,843 |
| Expense Ratio: | 25.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
