Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 9.0%
  • Listing ID: 1431795
  • Posted On: May 2, 2021
  • Updated On: Jun 8, 2021

Description

Store that is being use as a detail shop. The rent is $450.00. I purchase a new mobile home ( 2021 14 x 66 with 3bd 2ba) 4/28/21.

Location

This park is in the Bamberg S. C. city limits

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Park Information

Community Type: All Age
Number of MH Lots: 8
Total Occupancy: 100.0 %
Average MH Lot Rent: $250
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $34,800
Operating Expense: $3,480
Net Operating Income: $31,320
Expense Ratio: 10.0 %
Debt Info: N/A

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $700