Mobile Home Park Details
- Cap Rate: 17.8%
- Listing ID: 2029350
- Posted On: Feb 3, 2023
- Updated On: Aug 22, 2023
Description
* Cap Rate 17.75%
* 11 Lots
* Potential of 13 Units in Total
* 11 Current Units on the Park
* 9 Park-Owned Homes
* 2 Tenant-Owned Homes
Location
* Located in Western New York
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Park Information
Total Occupancy: | 93.5 % |
Year Built: | 1970 |
Size: | 3 acre(s) |
Financial Information (Actual)
Gross Income: | $85,920 |
Operating Expense: | $28,231 |
Net Operating Income: | $57,689 |
Expense Ratio: | 32.9 % |
Utility Information
Water: | Well |
Sewer: | Septic |