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Tradewater Realty Rhonda Yates, Realtor 500 Coleman Street, Madisonville, KY 42431

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Mobile Home Park Details

  • Cap Rate: 18.0% (Actual)
  • Listing ID: 1193068
  • Posted On: Feb 21, 2020
  • Updated On: Mar 16, 2020

Description

Mobile Home park with 15 lots, 14 mobile homes all park owned.
Homes stay fully occupied most of the time ,

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Park Information

Number of MH Lots: 15
Total Occupancy: 98.0 %
Average MH Lot Rent: $450
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $72,600
Operating Expense: $4,400
Net Operating Income: $68,199
Expense Ratio: 6.1 %

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 14
Average Rent for Park-owned Homes: $450

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