Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 12632
- Posted On: Jun 2, 2010
- Updated On: Apr 14, 2014
Description
27 Park Owned Homes. HUGE UPSIDE POTENTIAL for a buyer who can increase to 40 homes on the vacant lots. (Income shown is what park is currently making with 27 homes) 4 Acres & Prime footage on North Hwy 41. Coin Laundry Facility on site. Homes are on septic and Park has it's own well water. Tenants furnish their own electric. Live in Manager on site.
Call Gina at 619-840-3835 for more info
Location
17124 Hwy 41 North, Lutz ( Just North of Bears )
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 40 |
Total Occupancy: | 95.0 % |
Year Built: | 1977 |
Average MH Lot Rent: | $600 |
Size: | 4 acre(s) |
Financial Information (Actual)
Gross Income: | $195,000 |
Operating Expense: | $59,400 |
Net Operating Income: | $135,600 |
Expense Ratio: | 30.5 % |
Lot Information
Singlewide Lots: | 40 |
Doublewide Lots: | 1 |
Utility Information
Water: | Well |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 27 |
Average Rent for Park-owned Homes: | $600 |