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: Cash
- Cap Rate: 9.0%
- Listing ID: 482885
- Posted On: Nov 10, 2014
- Updated On: Mar 21, 2022
Description
********** O W N E R F I N A N C I N G ********** 83 L O T S
WIN WIN WIN POTENTIAL POTENTIAL POTENTIAL
Wonderful mh/rv park that needs some love. Makes $ now, but wow, oh wow can it make a whole lot more! Frontage on busy hwy167N.
83 lots 50 MH lots 33rv lots 24 Storage lots 20 undeveloped lots
Amenities
- Laundromat
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 50 |
| Total Occupancy: | 40.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $105 |
| Size: | 30 acre(s) |
Financial Information (Actual)
| Gross Income: | $68 |
| Operating Expense: | $36 |
| Net Operating Income: | $32 |
| Expense Ratio: | 52.9 % |
Lot Information
| Doublewide Lots: | 50 |
RV Information
| Number of RV Lots: | 33 |
| Average RV Lot Rent: | $325 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $350 |