Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 7.0%
- Listing ID: 1511136
- Posted On: Sep 7, 2021
- Updated On: Mar 12, 2022
Description
7% cap 30 unit mobile home park with 16 units rented with room for 14 additional sites. Easy to run with low maintenance. Manager in place.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $10,900 |
| Size: | 3 acre(s) |
Financial Information
| Gross Income: | $130,000 |
| Net Operating Income: | $116,400 |
Utility Information
| Water: | City |
| Sewer: | Septic |
