Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 11.0%
- Listing ID: 510807
- Posted On: Feb 25, 2015
- Updated On: Jun 3, 2015
Description
51 homes, 1 duplex, and 1 commercial lot available, licensed for 56 homes. Excellent location with city water and sewer. Includes many well maintained rental homes.
Owners are very motivated and will help finance. Price based on 11 cap.
For details contact: JOE LAMONICA AT 330-575-3606
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 51 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $374 |
Financial Information
| Gross Income: | $236 |
| Operating Expense: | $66 |
| Net Operating Income: | $169 |
| Expense Ratio: | 28.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
