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
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 14.0%
- Listing ID: 486243
- Posted On: Nov 26, 2014
- Updated On: Jan 27, 2015
Description
Revised info below.
Please see full attached Marketing Package for this 2 property package. Combined properties offer 86 lots paying $200/month in lot rent. Total package includes all park-owned homes, office building and storage area. Asking price for entire package $2,120,000
NOI estimated to be $330,000.
Please see attached and call with any questions.
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: | 87 |
| Total Occupancy: | 99.0 % |
| Year Built: | 1990 |
| Average MH Lot Rent: | $200 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $580,000 |
| Operating Expense: | $244,900 |
| Net Operating Income: | $335,100 |
| Expense Ratio: | 42.2 % |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
