Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 7.8%
- Listing ID: 402603
- Posted On: Sep 17, 2013
- Updated On: Sep 22, 2014
Description
Oakland Park is a 216 site mobile home park located in Austin, MN that sold in May, 2014.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 217 |
| Total Occupancy: | 50.0 % |
| Year Built: | 1963 |
| Average MH Lot Rent: | $273 |
| Size: | 36 acre(s) |
Financial Information
| Gross Income: | $342,168 |
| Operating Expense: | $190,530 |
| Net Operating Income: | $151,638 |
| Expense Ratio: | 55.7 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |