Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.8%
- Listing ID: 477686
- Posted On: Oct 15, 2014
- Updated On: Aug 1, 2017
Description
51 unit park with 26 park owned homes. City water sewer and gas. Quiet location. Also Artesian well, 60 gal./minute, drinkable quality!!!
Principals please NOW OFFERING SELLER FINANCING
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: | 80.0 % |
| Year Built: | 1975 |
| Average MH Lot Rent: | $250 |
| Size: | 30 acre(s) |
Financial Information (Actual)
| Gross Income: | $191 |
| Operating Expense: | $72 |
| Net Operating Income: | $118 |
| Expense Ratio: | 37.7 % |
Lot Information
| Singlewide Lots: | 51 |
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: | $500 |
