Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.9%
- Listing ID: 460624
- Posted On: Jul 29, 2014
- Updated On: Dec 29, 2014
Description
Excellent business opportunity. Mobile home and long-term RV park with a total of 38 spaces. 23 for trailers and 15 for R.V. (no over-nighters). Approximately 98% occupied. Also includes 1 (1)bedroom home, 1 (2)bedroom home, 1 duplex, laundry room, storage , and shop. Won't last long. Please contact Donna at (208) 320-2751 from Sep.10- Oct. 9, 2014 for additional information.
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 38 |
| Total Occupancy: | 98.0 % |
| Year Built: | 1965 |
| Average MH Lot Rent: | $15,250 |
| Size: | 3 acre(s) |
Financial Information
| Gross Income: | $183,000 |
| Operating Expense: | $33,700 |
| Net Operating Income: | $149,300 |
| Expense Ratio: | 18.4 % |
Lot Information
| Singlewide Lots: | 22 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 15 |
| Average RV Lot Rent: | $288 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $643 |