Mobile Home Park Details
- Cap Rate: 6.0%
- Listing ID: 4843488
- Posted On: Mar 21, 2024
- Updated On: Aug 26, 2024
Description
Harvey’s MHP licensed for 37 sites, situated on 9.44 acres located in a great location! The park is serviced by public water that is billed back to the tenants using RUBS (Ratio Utility Billing Systems), and the public sewer cost is included in the owner’s property taxes. Included with the sale are 9 POH, and 1 financed Home. Excellent Opportunity!
Upload the detailed Marketing Package, and Call Dot Fernald at 207-402-0953 with any questions or email Dot at: dotfernald24@gmail.com
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Park Information
Community Type: | All Age |
Number of MH Lots: | 37 |
Total Occupancy: | 75.0 % |
Average MH Lot Rent: | $400 |
Size: | 9 acre(s) |
Financial Information (Actual)
Gross Income: | $175,500 |
Operating Expense: | $45,850 |
Net Operating Income: | $129,649 |
Expense Ratio: | 26.1 % |
Lot Information
Singlewide Lots: | 37 |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |