Mobile Home Park Details
- Cap Rate: 6.8%
- Listing ID: 1218485
- Posted On: Feb 26, 2020
- Updated On: Nov 30, 2020
Description
Well located, well maintained all ages
mobile home community 9 miles from
downtown Little Rock AR. The city has
a population of 197,780 with 720,000
residents in the MSA. The MSA has grown
+7% since 2010 and the unemployment
rate is lower than the national average
at 3.3%.
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Park Information
| Number of MH Lots: | 63 |
| Size: | 8 acre(s) |
Financial Information
| Gross Income: | $198,283 |
| Operating Expense: | $68,367 |
| Net Operating Income: | $109,280 |
| Expense Ratio: | 34.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
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