Mobile Home Park Details
- Purchase Method: Seller Financing, New Loan
- Cap Rate: 9.7%
- Listing ID: 108616
- Posted On: Dec 1, 2011
- Updated On: Dec 11, 2023
Description
Very nice well maintained community offering owner financing with 30 % down.
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
Number of MH Lots: | 232 |
Total Occupancy: | 57.0 % |
Financial Information
Gross Income: | $424,000 |
Operating Expense: | $178,718 |
Net Operating Income: | $246,802 |
Expense Ratio: | 42.2 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Treatment Plant |