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 %

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