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

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