Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 470135
- Posted On: Sep 10, 2014
- Updated On: Nov 18, 2014
Description
Established Mobile Home Park:
15 mobile home lots. 14 mobile homes (3 are park owned and rent @ $400/month and 11 homes are lot rent @ $200/month). 1 cottage on separate lot ($400/month). Within 2 miles of shopping district, including Super Walmart and numerous restaurants. 2 miles from I-85, close to High Point, Greensboro & Lexington.
Room for expansion.
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Park Information
Number of MH Lots: | 15 |
Total Occupancy: | 95.0 % |
Size: | 6 acre(s) |
Financial Information
Gross Income: | $46 |
Operating Expense: | $7 |
Net Operating Income: | $39 |
Expense Ratio: | 15.2 % |
Lot Information
Singlewide Lots: | 15 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |