Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 14.0%
  • Listing ID: 478204
  • Posted On: Oct 19, 2014
  • Updated On: Feb 11, 2016

Description

Country Living, spacious acreage, Individual metered Water from Water Department and individual septic systems. Cash cow that keeps on giving!
14% Cap Rate with Excellent 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: 9
Total Occupancy: 100.0 %
Year Built: 2000
Average MH Lot Rent: $275
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $69
Operating Expense: $19
Net Operating Income: $43
Expense Ratio: 27.5 %
Debt Info: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $600

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