Wadena Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 392089
- Posted On: Aug 7, 2013
- Updated On: Feb 18, 2014
Description
20 lot park with park owned homes and 2 single apartment buildings on 5 acers. Additional building for storage.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $300 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $55 |
| Operating Expense: | $14 |
| Net Operating Income: | $40 |
| Expense Ratio: | 25.5 % |
Lot Information
| Singlewide Lots: | 22 |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $300 |
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