Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 248476
- Posted On: Aug 15, 2012
- Updated On: Apr 1, 2014
Description
Great Investment Opportunity Very Neat and Clean Mhp. The park has 11 Mobile home lots and 1 duplex the park is 100% occupied. There is a lot of upside to the property due to the current rents are under market at $215.00 per month. Rent increase of $10.00 set for April 1st 2014. Lot rent Includes water, sewer and garbage.
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 11 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $215 |
Size: | 2 acre(s) |
Financial Information
Gross Income: | $38,400 |
Operating Expense: | $11 |
Net Operating Income: | $27,150 |
Expense Ratio: | 0.0 % |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |