Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 456239
- Posted On: Jun 21, 2014
- Updated On: Mar 20, 2015
Description
The park consists of 28 Pads with 40+/- acres, the utilities are well and septics, and the road is paved. There are 7 owned mobile homes that are included in the sale, and the current revenue is $142,680. The 4 lots could be rented at $295.00 per lot with a potential yearly increase revenue of $14,160.00. The septics and leach fields were new in 2006.
Location
The lot is flat and the roads were all re-paved in 2010. Great location and close to all the amenities
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Park Information
Community Type: | All Age |
Number of MH Lots: | 28 |
Year Built: | 1960 |
Average MH Lot Rent: | $295 |
Size: | 40 acre(s) |
Financial Information (Actual)
Gross Income: | $142,680 |
Operating Expense: | $49,125 |
Net Operating Income: | $93 |
Expense Ratio: | 34.4 % |
Lot Information
Singlewide Lots: | 24 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 7 |
Average Rent for Park-owned Homes: | $750 |