Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 12.0%
  • Listing ID: 429972
  • Posted On: Mar 26, 2014
  • Updated On: Mar 29, 2017

Description

this 80 pad park on 15 acres has a huge upside. only half of the lots are being used. rents are low at $130. Everything is seperately metered and park is hilly with pines and hardwood for shade. park is also on county water and sewer. Park will netted about 45k last /yr. owner is asking $535k all cash..see this and more at EMCATLANTA.COM

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Park Information

Community Type: All Age
Number of MH Lots: 80
Total Occupancy: 50.0 %
Average MH Lot Rent: $130
Size: 15 acre(s)

Financial Information

Gross Income: $75
Net Operating Income: $60

Lot Information

Singlewide Lots: 80

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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