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Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 403387
  • Posted On: Sep 20, 2013
  • Updated On: Nov 7, 2013

Description

HI OAKS IS A 17 UNIT MOBILE HOME / RV PARK SET ON 4+- ACRES. PROPERTY CONSISTS OF 13 MOBILE HOMES, 2 RV'S, & 2 LOTS COULD BE MOBILES OR RV'S. ON WELL & SEPTIC.
NICE CLEAN QUIET PARK. $$CASH COW$$$
CURRENT GROSS INCOME $75,300.00 PER YEAR
FULLY RENTED GROSS $87,300.00 PER YEAR
MONTHY EXPENSES $1,200.00
DO NOT ENTER PARK WITH OUT BROKER/OWNER. CALL 727 389 3082

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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 90.0 %
Year Built: 1980
Average MH Lot Rent: $275
Size: 4 acre(s)

Financial Information (Pro Forma)

Gross Income: $87
Operating Expense: $14
Net Operating Income: $72
Expense Ratio: 16.1 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $500