Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 1384807
  • Posted On: Jan 26, 2021
  • Updated On: Apr 6, 2021

Description

Newly Updated Commercial and Residential Building.
3bd remodeled Apt(upstairs ) Former Tavern (Downstairs)

Additional Storage Building

2 Blocks from Ohio River/ Experienced Resident Manager

U-Haul Business income addition starting Jan. 2021
Estimated up to $10,000 in additional yearly revenue

Multiple Streams of Income generated from this Property.

Partial Terms available.

Max - Birch Realty - 727-914-8700 Ext 104

HAVE A PARK TO SELL?

BIRCH REALTY - 727-592-2418

Location

Cannelton, IN,

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 14
Total Occupancy: 78.0 %
Year Built: 1959
Average MH Lot Rent: $340
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $54,483
Operating Expense: $36,184
Net Operating Income: $18,299
Expense Ratio: 66.4 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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