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 |