Mobile Home Park Details
- Cap Rate: 5.0%
- Listing ID: 1929541
- Posted On: Nov 8, 2022
- Updated On: May 19, 2023
Description
Mobile Home Park covering 4 lots-923 Garner Ave: approx -44,175 SF, -923 Goleta Way: approx 27,150 SF, -913 Goleta Way: approx 8,030 SF -903 Goleta Way: approx 7,950 SF , utility infrastructure in place, zoned mixed use, MX-C
Amenities
- Laundromat
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 65.0 % |
| Average MH Lot Rent: | $600 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $156,000 |
| Operating Expense: | $75,000 |
| Net Operating Income: | $81,000 |
| Expense Ratio: | 48.1 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |