Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 368451
- Posted On: Apr 4, 2013
- Updated On: Apr 4, 2014
Description
I have a 33 lot mobile home park for sale. There is 1 park owned homes with it.It is the owners residence with 2 large sheds, a 24x26 garage & a 2 car carport. I also have another lot set up for my rv with a carport & shed. The park is on a city street with city water & sewer. There is a huge demand for housing in the area. More mobile homes could be moved in & sold on rent to own contracts or used as rentals to more than double the income. I am reducing the price to 140.00 & am open to reasonable offers.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 33 |
Total Occupancy: | 50.0 % |
Average MH Lot Rent: | $75 |
Size: | 6 acre(s) |
Financial Information (Actual)
Gross Income: | $39,241 |
Operating Expense: | $25,344 |
Net Operating Income: | $13,897 |
Expense Ratio: | 64.6 % |
Lot Information
Singlewide Lots: | 33 |
RV Information
Number of RV Lots: | 2 |
Average RV Lot Rent: | $75 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |