Mobile Home Park Details
- Cap Rate: 11.4%
- Listing ID: 1282103
- Posted On: Jul 2, 2020
- Updated On: Sep 30, 2020
Description
*High cash flow
*On-site management
*Turn key operation
*Excellent beginner park
*Strong financial records
Location
*Great location for PA & Fingerlakes market investors
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Financial Information (Actual)
Gross Income: | $94,800 |
Operating Expense: | $27,893 |
Net Operating Income: | $66,907 |
Expense Ratio: | 29.4 % |
Lot Information
Singlewide Lots: | 22 |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $650 |