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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

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