Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 379752
  • Posted On: Jun 25, 2013
  • Updated On: Dec 30, 2013

Description

19 SPACES WITH LIFT STATION NEW IN 2009. CITY WATER , GRANDFATHERED SINCE 1971. PARK IS MINUTES TO I-4 AND POLK COUNTY TOLL, 2 MINUTES TO DOWN TOWN LAKELAND. GREAT LOCATION NEVER A PROBLEM WITH FULLING UNIT UP. BRING ALL OFFERS. RENT ARE ON THE LOW END. ADVERAGE RENTS SHOULD BE INCREASED TO $480.00 AND UP EASLY. CURRENT OWNER HAS OTHER INTEREST AND WANTS TO SALE.

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Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 95.0 %
Year Built: 1970
Average MH Lot Rent: $420
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $90,000
Operating Expense: $15,000
Net Operating Income: $75,000
Expense Ratio: 16.7 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 19
Average Rent for Park-owned Homes: $420

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