Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 1222306
- Posted On: Mar 3, 2020
- Updated On: Jul 11, 2020
Description
Small 14 space family park in historic Bisbee Arizona! Upside to a 15% Cap Rate!
See the attached marketing package for details.
Location
Bisbee is a former mining town now turned artist colony and haven for seniors. Mild four season climate at 4000' elevation!
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Year Built: | 1968 |
| Average MH Lot Rent: | $215 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $23,220 |
| Operating Expense: | $11,275 |
| Net Operating Income: | $10,784 |
| Expense Ratio: | 48.6 % |
| Debt Info: | Cash or Cash-to-New-Loan |
Lot Information
| Singlewide Lots: | 14 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |