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
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.3%
- Listing ID: 422842
- Posted On: Jan 29, 2014
- Updated On: Dec 30, 2021
Description
Great Area, has 16 Park Owned Mobiles 3 are Double-wides, sitting on 1.21 acres, lots of upside potential, near the Flowing Wells School District.
Please Do Not Disturb Tenants!!
Click the Link for an Offering Memorandum: https://wwws.stagexchange.com/strattongroup/desert%20winds
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $450 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $82 |
| Operating Expense: | $37,575 |
| Net Operating Income: | $50,876 |
| Expense Ratio: | 45823.2 % |
Lot Information
| Singlewide Lots: | 13 |
| Doublewide Lots: | 3 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |