Aerial
Park owned unit
Park owned unit
Tenant owned unit
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.1%
- Listing ID: 115239
- Posted On: Feb 15, 2012
- Updated On: Apr 25, 2013
Description
Rare investment opportunity! Mobile home park established in 1972. Currently 35 lots are occupied with strong rental history and potential for expansion.
Pocono Mountains, Monroe County, PA
Listing requires a signed Non-Disclosure Agreement for more information.
Location
Country setting but near shopping and major thoroughfares.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 36 |
| Total Occupancy: | 97.0 % |
| Average MH Lot Rent: | $330 |
| Size: | 19 acre(s) |
Financial Information (Actual)
| Gross Income: | $160,497 |
| Operating Expense: | $29,067 |
| Net Operating Income: | $131,430 |
| Expense Ratio: | 18.1 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $650 |
