Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.2%
- Listing ID: 465922
- Posted On: Aug 19, 2014
- Updated On: Oct 2, 2014
Description
33 lots, including 2 mobile homes. One is 14'x60' built in 1996. one is 14'x56' built in 2006. Getting $1,090/month rental income from each home. Close to Nashua, Hudson and Londonderry. Nice quiet mobile home park. Steady tenants. Town water and septic. Low maintenance.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 33 |
Total Occupancy: | 100.0 % |
Year Built: | 1965 |
Average MH Lot Rent: | $430 |
Size: | 6 acre(s) |
Financial Information (Actual)
Gross Income: | $180,744 |
Operating Expense: | $44,572 |
Net Operating Income: | $136,172 |
Expense Ratio: | 24.7 % |
Debt Info: | 08/19/2014 |
Lot Information
Singlewide Lots: | 33 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |