Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 10.1%
- Listing ID: 505488
- Posted On: Jan 26, 2015
- Updated On: Sep 27, 2017
Description
BACK ON THE MARKET Lovely 76-site park on 18+ acres, in north GA college town. All underground utilities. On city water/sewer, both individually and master-metered. Infrastructure is in excellent condition, with no deferred maintenance. Below market rents. Beautiful setting and priced to sell. Call today - you'll be glad you did!
Amenities
- Handicap Accessible
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Park Information
Community Type: | All Age |
Number of MH Lots: | 76 |
Total Occupancy: | 92.0 % |
Year Built: | 1978 |
Average MH Lot Rent: | $230 |
Size: | 18 acre(s) |
Financial Information (Actual)
Gross Income: | $350 |
Operating Expense: | $106 |
Net Operating Income: | $244 |
Expense Ratio: | 30.3 % |
Lot Information
Singlewide Lots: | 34 |
Doublewide Lots: | 42 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |