Mobile Home Park Details
- Distressed: This property is in default, REO or in foreclosure.
- Listing ID: 107320
- Posted On: Oct 25, 2011
- Updated On: Mar 2, 2012
Description
The Park consists of 25 lots and a tenant occupied, single family home spread out over 11 total rural acres. Currently , there are 16 pads occupied by trailers. All trailers are owned by the individuals who reside in them. There is a steady flow of tenant generated income for the new owner.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 25 |
| Total Occupancy: | 64.0 % |
| Year Built: | 1930 |
| Average MH Lot Rent: | $305 |
| Size: | 11 acre(s) |
Financial Information (Actual)
| Gross Income: | $5 |
| Operating Expense: | $2 |
| Net Operating Income: | $2 |
| Expense Ratio: | 40.0 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
