Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 18.0%
- Listing ID: 1038000
- Posted On: Feb 28, 2019
- Updated On: Jul 3, 2019
Description
GREAT INCOME PRODUCING MOBILE HOME PARK IN MILAN, TN. This property has 13 2 bdr trailers, 2 trailers on lot rent and space/hookups for 2 additional trailers. Cap rate available up on request. Call today to set up a showing!!
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Financial Information (Actual)
Gross Income: | $57,000 |
Operating Expense: | $11,819 |
Net Operating Income: | $45,181 |
Expense Ratio: | 20.7 % |
Lot Information
Singlewide Lots: | 18 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |