Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 1234172
- Posted On: Mar 24, 2020
- Updated On: Jun 6, 2024
Description
JUST LISTED! Over 100 Total Sites! 80+ Rental Homes. On-Site Office and Laundry Facilities with High and Stable Occupancy! Good Location and Substantial Value-Add Potential. 98% Physical Occupancy and 87%+/- Economic Occupancy. Private Water & Sewer Utilities with Paved Roads and Close to Major MSA!
For more Information Contact MHP 360 at mhp360@gmail.com or Call 810-354-8001/248-720-8011.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 110 |
| Total Occupancy: | 98.0 % |
| Average MH Lot Rent: | $350 |
| Size: | 40 acre(s) |
Financial Information
| Net Operating Income: | $320,000 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
Park-Owned Homes
| Number of Park-owned Homes: | 10 |
| Average Rent for Park-owned Homes: | $350 |
