Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 5.0%
- Listing ID: 1354006
- Posted On: Nov 10, 2020
- Updated On: Feb 18, 2021
Description
117 Lot Mobile Home Park on 35 acres in Murphysboro, situated between St. Joseph Memorial Hospital and a brand new Holiday Inn Express.
Location
Situated between St. Joseph Memorial Hospital and a brand new Holiday Inn Express.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 117 |
| Total Occupancy: | 47.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $226 |
| Size: | 35 acre(s) |
Financial Information (Actual)
| Gross Income: | $12,000 |
| Operating Expense: | $8,000 |
| Net Operating Income: | $4,000 |
| Expense Ratio: | 66.7 % |
Lot Information
| Singlewide Lots: | 117 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $226 |
