Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 12.0%
- Listing ID: 376945
- Posted On: Jun 5, 2013
- Updated On: Dec 16, 2013
Description
Reduced from $769,000 because of health issues. A real money maker, this 9 unit Mobile Home and 7 unit long term RV Park is ready for a new owner.Space rent is $795 per month and are always rented with waiting list. Mobiles are owned by the tenants. The RV's are owned by their owners and space rent is $390 per mo. The RV lots are legal for Labor and Industries (electrical) however not with the county because of water limits. Park established in 1976. Manager and maintenance man on site. Would require a new loan and NO OWNER CARRY. PRETTY FIRM ON PRICE, BUT CASH TALKS! Call John at 360 485 3497 or email bueche.john@yahoo.com
Amenities
- Laundromat
- Storage
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Financial Information (Actual)
Gross Income: | $120 |
Operating Expense: | $10 |
Net Operating Income: | $109 |
Expense Ratio: | 8.3 % |
Debt Info: | Current loan $403,000 |
Lot Information
Singlewide Lots: | 4 |
Doublewide Lots: | 5 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 7 |
Average RV Lot Rent: | $390 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 0 |
Average Rent for Park-owned Homes: | $0 |