Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.5%
- Listing ID: 1726754
- Posted On: Aug 3, 2022
- Updated On: Dec 10, 2024
Description
New Home just moved in!
Limited Seller financing available!
Seller Motivated!!!
Much better financials with recent infill!
Sites Total: 11
Vacant Lots: 1
Rental Homes Owned: 7
Resident Owned Homes: 3
Rental Homes Avg: $766 Resident Home Avg: $210
All Rentals have been recently remodeled,
4 acres of land.
City Water/Septic
Self-Managed
Have A Park to Sell?
Contact Frank: 727-592-2418
Ask about our Pocket Listings:
Info@BirchRealty.com
Location
Waycross, GA is located centrally between Savannah & Jacksonville
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Total Occupancy: | 91.0 % |
| Year Built: | 1985 |
| Average MH Lot Rent: | $210 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $70,200 |
| Operating Expense: | $13,503 |
| Net Operating Income: | $56,697 |
| Expense Ratio: | 19.2 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $766 |