Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 468211
- Posted On: Sep 1, 2014
- Updated On: Dec 29, 2014
Description
The mobile home park has 37 spaces.
Office with 2 bedroom apartment with basement.
The mobile home park has paved roads & parking area.
The park is on 40 city lots.
Water & sewer individually metered by park.
Close to Lake Superior,Barker's Island, marina, fishing pier & several museums.
3 blocks to University of Superior, Wisconsin.
3 Blocks to Business Hwy.
11 Blocks to US 2 & Highway 53.
Additional 50 blocks available for expansion.
Approx. 2 miles to Duluth, Minnesota
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 37 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1959 |
| Average MH Lot Rent: | $230 |
Financial Information
| Gross Income: | $92 |
| Operating Expense: | $66 |
| Net Operating Income: | $22 |
| Expense Ratio: | 71.7 % |
Lot Information
| Singlewide Lots: | 37 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $0 |
