Mobile Home Park Details
- Purchase Method: New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 7.2%
- Listing ID: 378961
- Posted On: Jun 19, 2013
- Updated On: May 22, 2014
Description
45 Space senior community and executive home, several rental units.
Amenities
- Club House
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 45 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $303 |
| Size: | 5 acre(s) |
Financial Information
| Gross Income: | $134 |
| Operating Expense: | $50 |
| Net Operating Income: | $83 |
| Expense Ratio: | 37.3 % |
| Debt Info: | o |
Lot Information
| Singlewide Lots: | 43 |
| Doublewide Lots: | 2 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $303 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 25 |
| Average Rent for Park-owned Homes: | $492 |
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