Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.8%
  • Listing ID: 15437
  • Posted On: Aug 17, 2010
  • Updated On: Oct 19, 2010

Description

Parks of this quality
rarely make it to the real estate market. This 55+
community has been meticulously maintained, and the
residents, too, display pride of ownership. It is
an A+ property in excellent condition, a solid real
estate investment. No behavior or rent-collecting
problems, it's a stress-free property to own.
Rents are mailed monthly and residents are very
responsible. This property could be managed from
any anywhere in the country. House with new vinyl
siding and energy efficient windows, attached garage
for storage.



Only serious buyers
who are financially qualified need to reply.

No realtors please.

Please do not contact residents. Contact 603-746-2240
for further information or leave message or e mail.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: 55 And Over
Number of MH Lots: 21
Total Occupancy: 90.5 %
Year Built: 1980
Average MH Lot Rent: $285
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $71
Operating Expense: $24
Net Operating Income: $46
Expense Ratio: 33.8 %

Lot Information

Singlewide Lots: 20

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0