Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 122434
- Posted On: Mar 7, 2012
- Updated On: Oct 23, 2012
Description
13 space 100% occupied by long term residences. Very well maintained with 7 Park owned units. Additional space is available for the addition of 2 more homes without rezoning or can be used for retail storage. Laundry facilities on site and 600 square ft block storage unit. All situated on 1.61 acres on main rd. Current Yearly Net Income is $54,300.11 collected and projected out through December after all expenses. Twice most parks this size. I am selling this park for half what I should be
Park manager maintains park and collects rents for me. This is virtually hands off for me. Some Financing may be available
Location
Livingston and Sunset. Lutz florida.
Amenities
- Laundromat
- Storage
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Park Information
Community Type: | All Age |
Number of MH Lots: | 13 |
Total Occupancy: | 100.0 % |
Year Built: | 1966 |
Average MH Lot Rent: | $432 |
Size: | 2 acre(s) |
Financial Information
Gross Income: | $70 |
Operating Expense: | $15 |
Net Operating Income: | $55 |
Expense Ratio: | 21.4 % |
Lot Information
Singlewide Lots: | 13 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 2 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 7 |
Average Rent for Park-owned Homes: | $500 |