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 |