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: Cash
- Cap Rate: 8.0%
- Listing ID: 413539
- Posted On: Nov 6, 2013
- Updated On: May 24, 2014
Description
30 spaces and 7 rental homes totaling 37 total spaces and units. No park owned homes on the 30 spaces. Strong historical occupancy with excellent location. 37 spaces/units are on 4.45 acres of commercially zoned land!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 37 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1957 |
| Average MH Lot Rent: | $280 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $143,910 |
| Operating Expense: | $57,744 |
| Net Operating Income: | $86,136 |
| Expense Ratio: | 40.1 % |
| Debt Info: | free and clear |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
