Shamrock
Photo of Manufactured Home Community
Photo of Mobile Home Park
Photo of Single Family Home
Shamrock
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.3%
- Listing ID: 19249
- Posted On: Jan 20, 2011
- Updated On: Apr 12, 2011
Description
Shamrock Mobile Home Park is an all-age community situated on 7.18 acres. Shamrock consists of 74 home sites, one RV and a 2,305-square foot stick built home.
Shamrock is on city water and sewer and each mobile home site has been separately metered. The water and sewer is reimbursed from the tenants based on their usage. The streets are in average condition.
Location
The City of Lincoln is the second largest city in Nebraska and is home to the University of Nebraska. The local unemployment rate is low as a result of a diversified economy with the two major employers being the government and the University of Nebraska. Nebraska's unemployment rate is currently 4% (Nov 2010).
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
Financial Information (Actual)
| Gross Income: | $246,408 |
| Operating Expense: | $126,859 |
| Net Operating Income: | $119,549 |
| Expense Ratio: | 51.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |