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Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 9.0%
  • Listing ID: 104824
  • Posted On: Aug 30, 2011
  • Updated On: Dec 11, 2023

Description

15 site mobile home community, no rentals, the owner is motivated and will take a land contract with 20 to 25% down.

Do you already own a mobile home community and Want to know it is worth on today’s market?, click on this link below and give us some general information about your Community and we will give you our professional opinion of what your community is worth on today's market.

LINK> http://remaxsignaturecommercial.com/a_16331-Value_your_Community_ReMax_Signature_Commercial_Division.html

For information and a complete package call (313) 469-0951 or email michaelcalin@remax.net

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 75.0 %
Year Built: 70
Average MH Lot Rent: $265

Financial Information (Actual)

Gross Income: $34,980
Operating Expense: $14,961
Net Operating Income: $20,288
Expense Ratio: 42.8 %

Utility Information

Water: Well
Sewer: Septic

Other Listings by Michael Calin