Mobile Home Park Details
- Cap Rate: 14.5%
- Listing ID: 1647734
- Posted On: Apr 15, 2022
- Updated On: Jan 19, 2023
Description
* Cap Rate 14.45%
* 11 Lots
* Potential of 13 Units in Total
* 11 Current Units on the Property
* 9 Park-Owned Homes
* 2 Tenant-Owned Homes
Location
* Located in Western New York
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Park Information
Community Type: | All Age |
Number of MH Lots: | 13 |
Total Occupancy: | 93.4 % |
Financial Information (Actual)
Gross Income: | $91,920 |
Operating Expense: | $28,856 |
Net Operating Income: | $57,064 |
Expense Ratio: | 31.4 % |
Utility Information
Water: | Well |
Sewer: | Septic |