Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 12.3%
- Listing ID: 1511906
- Posted On: Sep 9, 2021
- Updated On: Nov 21, 2021
Description
Looking for a money cow with an excellent ROI? (Cap 11%+) You found it! Amazing opportunity to purchase a mobile home park with 11 trailers fully rented included in the purchase price, owner is willing to finance, call listing agent for more information, please see attached the performance of the property.
Location
16 51 27 SW1/4 OF SE1/4 OF NW1/4 OF NW1/4 2.5 AC
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 11 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1978 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $106,440 |
| Operating Expense: | $17,601 |
| Net Operating Income: | $88,839 |
| Expense Ratio: | 16.5 % |
Lot Information
| Singlewide Lots: | 11 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
