Mobile Home Park Details
- Listing ID: 4650200
- Posted On: Mar 12, 2024
- Updated On: Jun 16, 2024
Description
This mobile home park "J & J" is a great income producing property. The mobile home park has 51 lots and a 4000sf metal span building. Currently the park owns 26 mobile homes, 2 of those are being renovated, additionally there are 5 mobile homes that are tenant owned and sellers receive lot rent. The metal span building also provides a dual purpose of storing boats for a fee and supplies for the park. There are concrete roads with the exception of a small section, two entrances and exits within the park.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 51 |
Total Occupancy: | 60.0 % |
Average MH Lot Rent: | $175 |
Size: | 8 acre(s) |
Financial Information (Actual)
Gross Income: | $195,458 |
Operating Expense: | $116,248 |
Net Operating Income: | $79,209 |
Expense Ratio: | 59.5 % |
Lot Information
Singlewide Lots: | 51 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 26 |
Average Rent for Park-owned Homes: | $650 |