Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.0%
- Listing ID: 2031602
- Posted On: Feb 9, 2023
- Updated On: Apr 29, 2024
Description
82 lots priced at $18,300 per lot
The only MHP RV in the City
City water and Sewer all utilities paid by tenants
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 82 |
Total Occupancy: | 18.3 % |
Average MH Lot Rent: | $510 |
Financial Information (Actual)
Gross Income: | $62,400 |
Operating Expense: | $24,960 |
Net Operating Income: | $37,440 |
Expense Ratio: | 40.0 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |