Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Cap Rate: 9.8%
  • Listing ID: 408883
  • Posted On: Oct 11, 2013
  • Updated On: Dec 18, 2013

Description

65 Site Attractive community with city utilities. Roads are in good condition, with newer speed bumps. Well laid out, just needs someone to come in and fill it up. Additional storage garage included.

Principals Only Please

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Park Information

Community Type: All Age
Number of MH Lots: 65
Total Occupancy: 66.0 %
Average MH Lot Rent: $240
Size: 16 acre(s)

Financial Information (Actual)

Gross Income: $156,470
Operating Expense: $59,025
Net Operating Income: $97,445
Expense Ratio: 37.7 %

Utility Information

Water: City
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $400