Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 11.4%
- Listing ID: 198316
- Posted On: Jun 18, 2012
- Updated On: Feb 25, 2014
Description
45 Single Space Mobile Home Community in rual northwestern Ohio City. In town location. Minimum vacancy with stable rental history. Rents $250/site. Management in place. Rents are current, low maintence.
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Financial Information
Gross Income: | $129,000 |
Operating Expense: | $35,000 |
Net Operating Income: | $94,000 |
Expense Ratio: | 27.1 % |
Lot Information
Singlewide Lots: | 45 |