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Photo of Trailer Court
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Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 12.5%
- Listing ID: 106659
- Posted On: Oct 12, 2011
- Updated On: Oct 6, 2012
Description
Price Reduced! Seller Carry!!
Well-Kept Small Moneymaker in Excellent Location! 12.5% Cap Rate on 2011 Numbers - with upside to a 15% Cap Rate!
On City Water & Sewer! Commercial Frontage!
Owner will carry a new $300k 1st at 6.5% fully amortized 15 years!
Location
In the Beautiful Verde Valley of Central Arizona! Just 20 Minutes from Sedona! A Perfect Spot for an Owner-Operator!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 20 |
| Total Occupancy: | 75.0 % |
Financial Information (Pro Forma)
| Gross Income: | $69,653 |
| Operating Expense: | $21,065 |
| Net Operating Income: | $48,588 |
| Expense Ratio: | 30.2 % |
| Debt Info: | Seller Carry |
RV Information
| Number of RV Lots: | 8 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |