Mobile Home Park Details
- Cap Rate: 5.1%
- Listing ID: 1706587
- Posted On: Jul 5, 2022
- Updated On: Sep 1, 2022
Description
Lake Lawrence Mobile Home Park is a 100% occupied, pride-of-ownership, all-ages park that has been meticulously cared for. Of the 42 mobile home spaces, 41 hold tenant-owned homes
and one holds a 1998 built, 3-bed/2-bath, 1,848 square foot double wide manufactured home currently occupied by the on-site manager. The park is located in Yelm, Washington, a bedroom
community of Olympia and Tacoma approximately 60 miles from Seattle.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 42 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1987 |
| Average MH Lot Rent: | $560 |
| Size: | 22 acre(s) |
Financial Information
| Net Operating Income: | $229,070 |
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