Photo of Woodland Village
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 15.0%
- Listing ID: 115005
- Posted On: Feb 12, 2012
- Updated On: Sep 13, 2012
Description
Beautiful 38 space manufactured home community (includes 2 Apt. Park currently has 2 empty spaces so it is 94.5% Occupied with Upside.
Location
Great Mobile Home community located in Columbus, the largest city and Capital of Ohio.
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 35 |
| Total Occupancy: | 94.5 % |
| Average MH Lot Rent: | $325 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $186 |
| Operating Expense: | $72 |
| Net Operating Income: | $113 |
| Expense Ratio: | 38.7 % |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 15 |
| Average Rent for Park-owned Homes: | $219 |