Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 8.7%
- Listing ID: 1711918
- Posted On: Jul 12, 2022
- Updated On: Dec 12, 2022
Description
26 Total Sites
16 Rentals
9 Vacant Lots
1 Vacant unit
All sites on asphalt streets, all sites have:
City Water & Sewer (Park Pays)
2 Acres. Across the street from Hospital.
Status as of 7/1/2022:
Income Approximately $ 95,192 yearly. Annualized Income is now 101,800
Have A Park to Sell?
Contact Frank: 727-592-2418
Ask about our Pocket Listings:
Info@BirchRealty.com
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 68.0 % |
| Year Built: | 1970 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $95,192 |
| Operating Expense: | $45,056 |
| Net Operating Income: | $50,136 |
| Expense Ratio: | 47.3 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 16 |
| Average Rent for Park-owned Homes: | $500 |
