Birch Tree Estates
Mobile Home Park Details
- Cap Rate: 12.2%
- Listing ID: 472792
- Posted On: Sep 27, 2014
- Updated On: May 12, 2015
Description
37 Sites Manufactured Housing Community, with 1 Single Family Residence, and 18 Mini Storage Units. Nice location in growing community of Plover. Originally built in 19970's with 13 sites added in 2004.
Price reduced to $625,000.00
Amenities
- Storage
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: | 92.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $220 |
| Size: | 8 acre(s) |
Financial Information (Actual)
| Gross Income: | $120,408 |
| Operating Expense: | $43,913 |
| Net Operating Income: | $76,495 |
| Expense Ratio: | 36.5 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |