Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 7.0%
- Listing ID: 4285448
- Posted On: Jan 16, 2024
- Updated On: Dec 2, 2024
Description
21 LOTS + 4 HOUSES + 3 UNDEVELOPED LOTS
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Park Information
| Number of MH Lots: | 21 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $485 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $171,600 |
| Operating Expense: | $55,940 |
| Net Operating Income: | $115,660 |
| Expense Ratio: | 32.6 % |
Lot Information
| Park Model Lots: | 21 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
