Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 11.0%
- Listing ID: 422206
- Posted On: Jan 23, 2014
- Updated On: Dec 30, 2021
Description
This park is located in the heart of Georgia the current space mix consists of 31 trailer pads with trailers, 2 lot rentals, 1 Brick house and 62 self- storage units. Property is sitting on 4.75 acres of land.
Utilities: Water, Gas, Electric, Sewer
SELLER FINANCING AVAILABLE:
$100,000 down, balance financed at 8% with a 20 year Amort with a 5 year balloon.
LOAN TERMS MAY VERY UPON STATE RULES, REGULATIONS AND BUYERS
QUALIFICATIONS.
Macon is a city located in central Georgia, United States. Founded at the fall line of the Ocmulgee River, it is part of the Macon metropolitan area, and is the county seat of Bibb County. Current Population 91,234 (2012).
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Park Information
Community Type: | All Age |
Number of MH Lots: | 33 |
Total Occupancy: | 80.0 % |
Year Built: | 1999 |
Size: | 5 acre(s) |
Financial Information (Actual)
Net Operating Income: | $79 |