Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 8.5%
- Listing ID: 368829
- Posted On: Apr 8, 2013
- Updated On: Aug 31, 2013
Description
Family Park. 32 spaces, SFR + studio duplex. Total 35 units on city services.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 32 |
Total Occupancy: | 90.0 % |
Year Built: | 1965 |
Average MH Lot Rent: | $315 |
Size: | 3 acre(s) |
Financial Information (Actual)
Gross Income: | $171 |
Operating Expense: | $86 |
Net Operating Income: | $84 |
Expense Ratio: | 50.3 % |
Lot Information
Singlewide Lots: | 27 |
Doublewide Lots: | 1 |
RV Information
Number of RV Lots: | 4 |
Average RV Lot Rent: | $315 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |