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

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