Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.3%
- Listing ID: 1586293
- Posted On: Jan 14, 2022
- Updated On: May 16, 2022
Description
Arbor Haven MHC is an established rental community in an area of consistent demand for affordable housing. The property has six apartment efficiency dwellings and twenty-four park-owned rental homes. This property also features a partnership with The Tampa Housing Authority in the adoption of the V.A.S.H. voucher program. For more information please contact broker Jose Villao. If you visit this property please do not walk the property or disturb any of the tenants or staff. Offering Memorandum available upon request. Seller financing will not be considered.
Location
Near intersection of N. Florida Avenue & Fletcher Avenue in Tampa.
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Park Information
Total Occupancy: | 85.0 % |
Year Built: | 1947 |
Size: | 2 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $256,081 |
Operating Expense: | $117,144 |
Net Operating Income: | $138,938 |
Expense Ratio: | 45.7 % |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 30 |
Average Rent for Park-owned Homes: | $836 |