Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 7.0%
- Listing ID: 1432909
- Posted On: May 4, 2021
- Updated On: Nov 30, 2021
Description
Awesome 80 Unit RV Park, Retail, Office and Storage Facility! 49 RV Spaces, 31 Storage, Office and Retail Spaces on 2.63 Acres. $429,120 Gross Yearly Proforma. $310,120 Net Proforma. 7.04% Cap Rate. Approximately 14,000 Sq. Ft. of Rentable Space. Don't Miss Out On This Amazing Opportunity To Own A Great Mixed Use Facility in Growing Puyallup, Washington!
Amenities
- Laundromat
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Park Information
Community Type: | All Age |
Number of MH Lots: | 49 |
Year Built: | 1946 |
Size: | 3 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $429,120 |
Operating Expense: | $119,000 |
Net Operating Income: | $310,120 |
Expense Ratio: | 27.7 % |
RV Information
Number of RV Lots: | 49 |
Average RV Lot Rent: | $570 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |