Mobile Home Park Details
- Cap Rate: 13.0%
- Listing ID: 1474563
- Posted On: Jul 9, 2021
- Updated On: Sep 6, 2022
Description
* Public Water Facility
* Public Sewer
* Cap Rate 13%
* 1 Stick Built Home
* Upside Potential
Location
Western NY. Downtown Mt. Morris
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 7 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1970 |
Financial Information (Actual)
| Gross Income: | $34,560 |
| Operating Expense: | $9,330 |
| Net Operating Income: | $16,590 |
| Expense Ratio: | 27.0 % |
Lot Information
| Singlewide Lots: | 6 |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $850 |
