Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.1%
- Listing ID: 1477838
- Posted On: Jul 15, 2021
- Updated On: Jul 28, 2021
Description
23 Acres
103 Licensed Lots
56 Owner Occupied Lots @ $300
3 Park Owned
43 Vacant Lots
1 Storm Shelter
1 Home (Needs rehab)
City Water/City Sewer
Park pays Utilities
*Potential Zoning for 32 more lots*
Have a Park to Sell ?
We want to help!
Contact Frank at 727-592-2418
info@birchrealty.com
Location
Fairfield is a city in, and the county seat of, Jefferson County, Iowa with a population of 10,290. Furthermore, Leisure Living is a very nice community. Easy access, close to the new superhighway and the new Super Wal-Mart. Concrete streets , carports, awnings and decks are allowed and a lot of residence have them. Post office boxes are available on site.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 103 |
| Total Occupancy: | 55.0 % |
| Year Built: | 1979 |
| Average MH Lot Rent: | $300 |
| Size: | 23 acre(s) |
Financial Information (Actual)
| Gross Income: | $201,600 |
| Operating Expense: | $51,971 |
| Net Operating Income: | $149,621 |
| Expense Ratio: | 25.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
