Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 14.0%
- Listing ID: 330963
- Posted On: Nov 9, 2012
- Updated On: May 1, 2013
Description
This Mobile Home Park Runs itself. Auto pay, city utilities, water, garbage, city clears streets.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 45 |
Total Occupancy: | 56.0 % |
Average MH Lot Rent: | $135 |
Size: | 8 acre(s) |
Financial Information (Actual)
Gross Income: | $43,500 |
Operating Expense: | $2,721 |
Net Operating Income: | $40 |
Expense Ratio: | 6.3 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 1 |
Average Rent for Park-owned Homes: | $250 |