Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.6%
- Listing ID: 19637
- Posted On: Feb 14, 2011
- Updated On: Feb 14, 2011
Description
I am working with friend to sell this mobile home park quickly. Here is some further info on the mobile home park.
42 Spaces Total
28 Active Pad Sites
14 Future Pad Sites
24 Park Owned Units
2 Acres of Leased Land
Located 5 Miles from Downtown
City Water & Sewer
Individually Metered Electric
Established Community
Tenants Pay in CASH
Positive CashFlow @ 25% Occupancy
$200K
Call (817) 381-6020
Location
5 Miles from downtown Fort Worth
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 42 |
| Total Occupancy: | 25.0 % |
| Average MH Lot Rent: | $500 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $154 |
| Operating Expense: | $35 |
| Net Operating Income: | $118,728 |
| Expense Ratio: | 22.7 % |
| Debt Info: | No Debt |
Lot Information
| Singlewide Lots: | 22 |
RV Information
| Number of RV Lots: | 20 |
| Average RV Lot Rent: | $400 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 28 |
| Average Rent for Park-owned Homes: | $500 |