Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 5.7%
  • Listing ID: 1641300
  • Posted On: Apr 7, 2022
  • Updated On: Jul 26, 2022

Description

Price Just Lowered! Owner Financing Available With Negotiable Down Payment And Flexible Terms!!! Check Out This Awesome 8 Space Mobile Home Park In Sultan WA. On City Water And Sewer. 3 Park Owned Units Included. Actual Gross Income $77,700. Actual Net Income $52,594. Actual Cap Rate 5.66%. Proforma Gross Income $102,600. Proforma Net Income $77,494. Proforma Cap Rate 8.34%. 7.5 Miles To Monroe. Don't Miss Out On This Rare Opportunity To Own A Great Park At An Affordable Price!

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Financial Information (Actual)

Gross Income: $77,700
Operating Expense: $25,106
Net Operating Income: $52,594
Expense Ratio: 32.3 %

Lot Information

Singlewide Lots: 7

Utility Information

Water: City
Sewer: City

Video

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