Photo of Mobile Home Park
RV Area
RV Area
MHP
MHP
River Area
MHP
Mobile Home Park Details
- Purchase Method: Seller Financing, New Loan
- Cap Rate: 9.5%
- Listing ID: 418204
- Posted On: Dec 14, 2013
- Updated On: Jan 29, 2021
Description
24 space Mobile Home Park
21 RV spaces/drains
Income includes fishing-boating, park grocery store, camping, seasonal RV's
Access to San Joaquin River in Newman, CA.
Laundry, bathroom bldg.
Water well and septic system
NO RENT Control
(CONTACT DAN ORTIZ FOR MORE INFO: 209-322-4010)
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 45 |
| Total Occupancy: | 80.0 % |
| Year Built: | 1981 |
| Average MH Lot Rent: | $470 |
| Size: | 23 acre(s) |
Financial Information (Actual)
| Gross Income: | $208 |
| Operating Expense: | $112 |
| Net Operating Income: | $95 |
| Expense Ratio: | 53.8 % |
RV Information
| Number of RV Lots: | 21 |
| Average RV Lot Rent: | $575 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
