Mobile Home Park Details
- Cap Rate: 7.2%
- Listing ID: 4363685
- Posted On: Jan 30, 2024
- Updated On: Oct 16, 2024
Description
Great Investment Opportunity in the heart of Chilhowie!
DIRECT BILLED WATER & SEWER!!!
2 TOH
2 POH
1 Warehouse @ $350
Total paying tenants 30, including warehouse
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 36 |
| Total Occupancy: | 83.0 % |
| Average MH Lot Rent: | $225 |
Financial Information (Actual)
| Gross Income: | $94,500 |
| Operating Expense: | $15,143 |
| Net Operating Income: | $79,357 |
| Expense Ratio: | 16.0 % |
Lot Information
| Singlewide Lots: | 35 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
