Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.3%
- Listing ID: 2023187
- Posted On: Jan 26, 2023
- Updated On: Apr 17, 2023
Description
Sites Total: 40
Vacant Lots: 13
Rental Homes Owned: 2
Resident Owned Homes: 25
Rental Homes Avg: $425
Resident Home Avg: $130 (should be $200)
30 Acres
Park has City water/Updated lagoon. No Violations. Water - partially billed back.
For the Profit & Loss Email:
Info@birchrealty.com
Or
727-592-2418
Location
Located outside Columbia & driving distance to Kansas City, MO.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 40 |
Total Occupancy: | 65.0 % |
Year Built: | 1989 |
Average MH Lot Rent: | $130 |
Size: | 30 acre(s) |
Financial Information (Actual)
Gross Income: | $60,960 |
Operating Expense: | $13,798 |
Net Operating Income: | $47,162 |
Expense Ratio: | 22.6 % |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 2 |
Average Rent for Park-owned Homes: | $475 |