Mobile Home Park Details

  • Cap Rate: 7.5%
  • Listing ID: 1311856
  • Posted On: Aug 24, 2020
  • Updated On: Oct 15, 2020

Description

This all age community includes 27 low maintenance lots.
-26 Tenant Owned
-1 Park Owned
-1 Vacancy
-7.5% CAP

Location

North of NW 50th St between Rockwell Ave & MacArthur, in OKC suburbs of Bethany, OK.

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Park Information

Community Type: All Age
Number of MH Lots: 27
Total Occupancy: 99.0 %
Average MH Lot Rent: $250
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $82,260
Operating Expense: $13,143
Net Operating Income: $69,117
Expense Ratio: 16.0 %

Lot Information

Singlewide Lots: 27

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $355