Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 1712429
- Posted On: Jul 14, 2022
- Updated On: Sep 21, 2022
Description
Mobile Home Park! Est 5 acres! Numbers are good on this one! There are 17 homes w/ room to expand to 37! They rent for $455 - $525. Or you can charge lot rent for $250. The 17 look like tiny houses! Look at the pictures! Call for numbers. You will be surprised! They are all full w/ a waiting list.
Location
Military Rd to Southeastern to Lee Mac Drive. With in 5 miles of LRAFB.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 37 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $450,525 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $91,746 |
| Operating Expense: | $21,946 |
| Net Operating Income: | $69,799 |
| Expense Ratio: | 23.9 % |
Lot Information
| Park Model Lots: | 37 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 17 |
| Average Rent for Park-owned Homes: | $450,525 |