Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 506604
- Posted On: Jan 31, 2015
- Updated On: Nov 11, 2015
Description
24 revenue producing spaces with Gross Income of $100000/year plus $24000/year from notes secured from mobile homes in the park notes per year located on Major Highway with 900 feet of frontage with 2 vacant commercial properties adjoining mobile home park on a total of 7 acres.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 24 |
Total Occupancy: | 100.0 % |
Year Built: | 60 |
Average MH Lot Rent: | $347 |
Size: | 7 acre(s) |
Financial Information
Gross Income: | $100,000 |
Operating Expense: | $30,000 |
Net Operating Income: | $70,000 |
Expense Ratio: | 30.0 % |
Lot Information
Singlewide Lots: | 20 |
Doublewide Lots: | 3 |
RV Information
Number of RV Lots: | 1 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |