Mobile Home Park Details

  • Cap Rate: 5.1%
  • Listing ID: 1386381
  • Posted On: Jan 29, 2021
  • Updated On: Apr 27, 2021

Description

*22 Sites

*Approvals in place for additional 8 lots with engineering plans in
place.

*Paved roads

*Cap Rate 5.13%

*Two stick-built homes are currently located on property and are
included in the sale.

*City Water and City Sewer

Location

Off US 15 to town of Blossburg.

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Park Information

Number of MH Lots: 22
Total Occupancy: 76.8 %
Year Built: 1970
Size: 50 acre(s)

Financial Information (Actual)

Gross Income: $86,760
Operating Expense: $28,155
Net Operating Income: $38,445
Expense Ratio: 32.5 %

Utility Information

Water: City
Sewer: City

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