Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1722005
- Posted On: Jul 28, 2022
- Updated On: Oct 30, 2022
Description
6 Lots
5 Lot Rent
1 Rental
$1240 monthly income.
Low expenses- trash, insurance, taxes = approx. $180 per month
Water, power paid by residents
This is a quiet, low key park in a small town in North Central NC.
Rent is low for the area at this time.
There is room for improvement in the aesthetics of the park.
Located in-town very close to shopping, medical, and schools.
Best consideration given to cash offer, but owner financing to be considered with serious down payment.
Location
Eden, NC
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 6 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $165 |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $1,245 |
Operating Expense: | $230 |
Net Operating Income: | $1,015 |
Expense Ratio: | 18.5 % |
Debt Info: | N/A |
Lot Information
Singlewide Lots: | 5 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 1 |
Average Rent for Park-owned Homes: | $420 |