Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1352272
- Posted On: Nov 6, 2020
- Updated On: Jul 18, 2021
Description
3 of 3 properties being offered. Buy as a package or individually. Owner prefers to sell as a package.
28 site mobile home park and a newly remodeled 2-family apartment building. 20 park homes. City water & sewer. 9.30 +/- acres. Many new upgrades. 10.83 CAP. Email us for brochure(s)
Location
Close to downtown Ellsworth's Business District, yet suburban in nature.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 28 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $450 |
| Size: | 9 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $278,340 |
| Operating Expense: | $70,102 |
| Net Operating Income: | $199,888 |
| Expense Ratio: | 25.2 % |
Lot Information
| Singlewide Lots: | 28 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $895 |