Mobile Home Park Details
- Cap Rate: 9.1%
- Listing ID: 1884630
- Posted On: Sep 14, 2022
- Updated On: Sep 7, 2023
Description
*18 Lots
*15 Tenant Owned Homes
*3 Vacant lots with utilities at time of publishing. 1 home on the way to be hooked up to bring occupancy to 16 homes.
*Professional Property Management in Place
*Paved Roads
*In Town Location, Walking Distance to Shopping for Residents
Location
*Close to I-10 traversing FL Panhandle and Routes to GA
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Park Information
| Number of MH Lots: | 18 |
| Year Built: | 1970 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $58,560 |
| Operating Expense: | $13,280 |
| Net Operating Income: | $45,280 |
| Expense Ratio: | 22.7 % |
