Mobile Home Park Details
- Cap Rate: 13.1%
- Listing ID: 3401215
- Posted On: Jul 20, 2023
- Updated On: Nov 27, 2023
Description
-21 sites:
-7 Park owned homes occupied with longterm renters
-2 Empty trailers
-3 Vacant lots ready to fill
-9 Vacant lots licensed and need utility updates
-Well water
-Septic tanks
-Ability to add more homes on this corner parcel with 4 acres
Location
Located under 30 minutes from the Pennsylvania border
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Park Information
Number of MH Lots: | 21 |
Total Occupancy: | 33.1 % |
Size: | 4 acre(s) |
Financial Information
Gross Income: | $130,560 |
Operating Expense: | $15,664 |
Net Operating Income: | $27,536 |
Expense Ratio: | 12.0 % |
Utility Information
Water: | Well |
Sewer: | Septic |