Mobile Home Park Details
- Cap Rate: 6.4%
- Listing ID: 2917992
- Posted On: May 15, 2023
- Updated On: Aug 29, 2023
Description
* 22 Mobile Home Sites / 5 RV Sites
* New Septic installed in 2022
* Laundry Facilities
* Water Front with Dock
* Electric is billed to RV tenants by the park. Mobile Home tenants
have their own accounts
Location
* Park located minutes from town and nearby restaurants and
within walking distance of convenience stores.
Amenities
- Laundromat
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Park Information
Number of MH Lots: | 22 |
Total Occupancy: | 100.0 % |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $194,400 |
Operating Expense: | $59,227 |
Net Operating Income: | $135,173 |
Expense Ratio: | 30.5 % |
Utility Information
Water: | Well |
Sewer: | Septic |