Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1492368
- Posted On: Aug 9, 2021
- Updated On: Nov 14, 2021
Description
In Beautiful Blue Ridge foothills of Rutherfordton NC.
Four blocks from main street and 3 blocks from the hospital,
less than 10 miles from Tryon International Equestrian Center sets
9 detached homes on 2 acre. Each home has 2 beds 1 bath with separate driveways.
All homes have been updated and have a average 800 Sq Ft.
New central air & heat, new windows, new 200 amp electric service.
All the homes are curranty rented with long term tenants
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1955 |
| Average MH Lot Rent: | $550 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $59,400 |
| Operating Expense: | $1,400 |
| Net Operating Income: | $58,000 |
| Expense Ratio: | 2.4 % |
| Debt Info: | none |
Lot Information
| Doublewide Lots: | 9 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $550 |
