Mobile Home Park Details
- Listing ID: 1441626
- Posted On: May 20, 2021
- Updated On: Dec 1, 2021
Description
55+ Mobile Home Park with 31 lots. Mobile homes and RV space. All are tenant owned. City water. all spaces are metered, septic all working good. Lot rent $365, expecting increase to $385 on August 1st. 87% Occupied. Excellent Investment Property!
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Park Information
| Number of MH Lots: | 31 |
| Total Occupancy: | 87.0 % |
| Average MH Lot Rent: | $385 |
Financial Information
| Gross Income: | $121,049 |
| Operating Expense: | $44,098 |
| Net Operating Income: | $76,951 |
| Expense Ratio: | 36.4 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
