Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 113889
- Posted On: Jan 25, 2012
- Updated On: Feb 10, 2014
Description
15 unit mobile home park with laundry and storage for owner, 1 acre in Seminole County. No occupancy, County wants me to shut down, they will allow repairs but not to exchange units for newer ones. There is a lot of repair needed since tenants are out, scrappers are trying to take what they can. Zoning is grandfathered in, selling for value of land.
Location
Seminole County, Apopka, near bus lines and stores
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Financial Information (Actual)
| Gross Income: | $30,000 |
| Operating Expense: | $14,510 |
| Net Operating Income: | $15,490 |
| Expense Ratio: | 48.4 % |
| Debt Info: | no loans |