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

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