Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 12.0%
- Listing ID: 12915
- Posted On: Jun 2, 2010
- Updated On: Jan 4, 2018
Description
Nice park in Helena, Was the Helena Campground KOA been converted into mobile home spaces. John Hurd property management handles the management. There's a dozen ways to add more income to this property.
We would like to keep the management on this property as well.
There are several local banks in the area that will do the financing on this park. We're already doing the management of this park, so it would be a very easy take over. Call me for more info.
Amenities
- Laundromat
- Storage
- Pool
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 106 |
Total Occupancy: | 100.0 % |
Year Built: | 1978 |
Average MH Lot Rent: | $240 |
Size: | 20 acre(s) |
Financial Information (Actual)
Gross Income: | $276,000 |
Operating Expense: | $97,440 |
Net Operating Income: | $168,400 |
Expense Ratio: | 35.3 % |
RV Information
Number of RV Lots: | 54 |
Average RV Lot Rent: | $300 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |