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Photo of Mobile Home Park
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Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 19503
- Posted On: Feb 6, 2011
- Updated On: Feb 14, 2012
Description
27 Space park on 10 acres, rural setting in Southern Illinois. 16 park owned homes - most under rent to own contracts, which makes the tenant responsible for maintenance. Long term manager on site.
Location
Located between Carbondale and Carterville in a nice rural setting with several new houses in the area. Very desirable Carterville school district.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 27 |
| Total Occupancy: | 95.0 % |
| Year Built: | 0 |
| Average MH Lot Rent: | $155 |
| Size: | 10 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $105 |
| Operating Expense: | $22 |
| Net Operating Income: | $82 |
| Expense Ratio: | 21.0 % |
Lot Information
| Singlewide Lots: | 24 |
| Doublewide Lots: | 3 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 16 |
| Average Rent for Park-owned Homes: | $500 |