Mobile Home Park Details
- Cap Rate: 8.5%
- Listing ID: 4363263
- Posted On: Jan 30, 2024
- Updated On: Aug 26, 2024
Description
Wil-Dot MHP, Dexter licensed for 37 sites situated on 7.15 acres, and Creekside MHP, Dexter licensed for 13 sites situated on .74 of an acre. Both parks are serviced by public water and public sewer that are billed back to the tenants using RUBS (Ratio Utility Billing Systems), Included with the sale for both parks are 36 POH’s, and 2 Financed Homes. Excellent Opportunity!
Upload the detailed Marketing Package, and Call Dot Fernald at 207-402-0953 with any questions or email Dot at: dotfernald24@gmail.com
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 50 |
Total Occupancy: | 70.0 % |
Size: | 8 acre(s) |
Financial Information (Actual)
Gross Income: | $280,200 |
Operating Expense: | $93,816 |
Net Operating Income: | $186,383 |
Expense Ratio: | 33.5 % |
Debt Info: | See attached documents |
Lot Information
Singlewide Lots: | 50 |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 36 |
Average Rent for Park-owned Homes: | $750 |