Mobile Home Park For Sale
Mobile Home Park For Sale
Mobile Home Park For Sale
Mobile Home Park For Sale
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0% (Actual)
- Listing ID: 12750
- Posted On: Jun 2, 2010
- Updated On: Aug 1, 2013
Description
Quiet wooded park located just outside Oglethorpe Georgia. 13 park owned homes. Homes rent for $300-$350/month. Lot rent $175/mo. 9 RV spots with individual electric, water, and septic hookups. 2 wells supply water to the park. Septic systems. Large maintenance shed.
Location
Park is located West of Oglethorpe on highway 90 in beautiful Macon County. See the Macon County Chamber of Commerce website for area information. http://www.maconcountyga.org
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Total Occupancy: | 75.0 % |
| Average MH Lot Rent: | $175 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $28,000 |
| Operating Expense: | $10,000 |
| Net Operating Income: | $18,000 |
| Expense Ratio: | 35.7 % |
Lot Information
| Singlewide Lots: | 14 |
RV Information
| Number of RV Lots: | 9 |
| Average RV Lot Rent: | $175 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 13 |
| Average Rent for Park-owned Homes: | $315 |