Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 15.0%
- Listing ID: 405313
- Posted On: Sep 27, 2013
- Updated On: Sep 22, 2014
Description
Quasky Village Mobile Home Park is a 39 site community in Quasqueton, IA that sold in April, 2014.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 39 |
Total Occupancy: | 56.0 % |
Year Built: | 1977 |
Average MH Lot Rent: | $320 |
Size: | 5 acre(s) |
Financial Information
Gross Income: | $104,520 |
Operating Expense: | $52,790 |
Net Operating Income: | $51,730 |
Expense Ratio: | 50.5 % |
Lot Information
Singlewide Lots: | 39 |
RV Information
Number of RV Lots: | 3 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 39 |
Average Rent for Park-owned Homes: | $150 |