Photo of Mobile Home Park
Misc park photo
Misc photo
Photo of park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 403391
- Posted On: Aug 10, 2015
- Updated On: Dec 11, 2015
Description
Possible owner carry -Siskiyou 55 and over mobile park consists of 9 units - Seller owns 7. Long term tenants, very low vacancy rate, may be room for new owner to increase rents. Seller has maintained property very well for the last 15 years. Approximate monthly gross of $3950 and low monthly expenses of approx. $725. City water at the property- not hooked up. Park uses well for domestic water. Buyer to complete all their own due diligence.
Tom Sauers, Broker
ReMax Ideal Brokers Inc
541-821-3819
Licensed in the State of Oregon
tsauers@charter.net
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 9 |
| Year Built: | 1975 |
| Average MH Lot Rent: | $500 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $47,400 |
| Operating Expense: | $8,700 |
| Net Operating Income: | $38,700 |
| Expense Ratio: | 18.4 % |
Lot Information
| Singlewide Lots: | 9 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $500 |