Mobile Home Park Details
- Cap Rate: 7.8%
- Listing ID: 372617
- Posted On: May 21, 2013
- Updated On: May 21, 2014
Description
45 space MHP in gorgeous country setting, 5 miles outside Oakdale, fully occupied, 10 acres. Park uses only 5 acres. Another 5 acres available for development.
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 45 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1968 |
| Average MH Lot Rent: | $475 |
| Size: | 10 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $256,500 |
| Operating Expense: | $90,720 |
| Net Operating Income: | $158,085 |
| Expense Ratio: | 35.4 % |
RV Information
| Number of RV Lots: | 1 |
| Average RV Lot Rent: | $475 |
Utility Information
| Water: | Well |
| Sewer: | Septic |