Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 12.0%
- Listing ID: 15510
- Posted On: Aug 17, 2010
- Updated On: Nov 3, 2017
Description
19 MOBILE HOME LOTS SITTING ON A BEAUTIFUL 8 ACRE PARCEL OF LAND SURROUNDED BY TREES AND A NARROW CREEK PASSING THRU THE BACK SIDE OF THE PARK.
THIS PARK SITS RIGHT OFF SPRUCE STREET, MAIN HWY INTO TOWN.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 19 |
Total Occupancy: | 74.0 % |
Average MH Lot Rent: | $160 |
Size: | 8 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $36,000 |
Operating Expense: | $5,000 |
Net Operating Income: | $31,000 |
Expense Ratio: | 13.9 % |
Lot Information
Singlewide Lots: | 19 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |