Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.0%
- Listing ID: 1093152
- Posted On: Jun 12, 2019
- Updated On: Aug 12, 2019
Description
Togus Pond MHP consist of 21 Pads and there are 20 rented Pads, 3 owned homes that have a lease with option to purchase. The park is situated on 24.4 acres. The park is serviced by a drilled well and septic tanks. Paved Roads throughout the park. Great Investment! Contingent upon the seller being able to complete a 1031 Exchange upon sale.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Total Occupancy: | 95.0 % |
| Year Built: | 40 |
| Size: | 24 acre(s) |
Financial Information
| Gross Income: | $87,499 |
| Operating Expense: | $24,874 |
| Net Operating Income: | $62,625 |
| Expense Ratio: | 28.4 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
