Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 147868
- Posted On: Apr 27, 2012
- Updated On: Aug 17, 2012
Description
Amazing opportunity! This is a single family home and the property also has a bungalow and 2 apartments plus 5 tenant owned trailers on the land. All units/buildings are rented and bring in $3,000 a month in rents. The rents have not been raised in 12 years. Even at their current rate that is over a 10% Cap Rate. There is room for an additional unit to be placed and expansion. THIS PARK MUST GO ASAP!!! MAKE AN OFFER TODAY!!! FIRST $115,000 BEFORE JULY 14, 2012 GETS IT!!!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information (Pro Forma)
Gross Income: | $3,000 |
Operating Expense: | $0 |
Net Operating Income: | $3,000 |
Debt Info: | 0 |