Mobile Home Park Details
- Cap Rate: 10.1%
- Listing ID: 1751678
- Posted On: Sep 6, 2022
- Updated On: Mar 1, 2023
Description
*Cap Rate 10.14%
*4 Acres of Land
*12 Units
*14 Pads with Possible Expansion
*2 Small Storage Sheds
*1 Trailer Storage Building
*NO OWNER FINANCING
Location
*Close to Tallahassee
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Park Information
| Number of MH Lots: | 12 |
| Total Occupancy: | 91.8 % |
| Year Built: | 1970 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $87,600 |
| Operating Expense: | $19,542 |
| Net Operating Income: | $60,858 |
| Expense Ratio: | 22.3 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
