Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 9.6%
- Listing ID: 104902
- Posted On: Sep 1, 2011
- Updated On: May 1, 2012
Description
This family park has no rent control, septic, well, submetered gas and electric, 40 mh and 46 rv spaces
Location
Level 15 acres close to downtown, Hwy 5, airport, and Thunderhill Raceway. Super Walmart being built across street
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Financial Information
Gross Income: | $309,000 |
Operating Expense: | $185,000 |
Net Operating Income: | $144,000 |
Expense Ratio: | 59.9 % |
Debt Info: | new loan |