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LAKE TOPAZ MOBILE HOME PARK 119962 Us Hwy 395, Topaz, CA 96133

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.3% (Actual)
  • Listing ID: 1948916
  • Posted On: Dec 7, 2022
  • Updated On: Mar 16, 2023

Description

Topaz Lake, CA Lakefront Mobile Home Park with 16 spaces, tree lined street, and the longest launch ramp on the lake. Includes two docks. Quiet surroundings with views of the Sweetwater Mountains. Outside boat storage available to residents.

Location

Topaz, CA

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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 100.0 %
Year Built: 1972
Average MH Lot Rent: $525
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $100,800
Operating Expense: $25,000
Net Operating Income: $75,800
Expense Ratio: 24.8 %
Debt Info: No debt

Lot Information

Doublewide Lots: 16

RV Information

Number of RV Lots: 2
Average RV Lot Rent: $550

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0

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