Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 371010
- Posted On: May 3, 2013
- Updated On: May 27, 2013
Description
Well maintained property has 58 lots with 2 open. Also has 1 apartment that is occupied. There is an attached garage to the apartment that is available for storage. Lots rent is $150 and apartment rents for $350 monthly. Maintenance building is 40x80 and contains recreational hall and small kitchen, manager office, plenty of room for storage, and maintenance equipment. Property exists on 18 acres and has room to grow. If you are serious I am willing to discuss price.
Amenities
- Club House
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Park Information
Community Type: | All Age |
Number of MH Lots: | 59 |
Total Occupancy: | 98.0 % |
Year Built: | 1974 |
Average MH Lot Rent: | $150 |
Size: | 18 acre(s) |
Financial Information
Gross Income: | $103,000 |
Operating Expense: | $42,000 |
Net Operating Income: | $61,000 |
Expense Ratio: | 40.8 % |
Debt Info: | none |
Lot Information
Singlewide Lots: | 58 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
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: | $350 |