Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 13.0%
- Listing ID: 510811
- Posted On: Feb 25, 2015
- Updated On: Jul 21, 2015
Description
14 homes, 1 single family house and 1 commercial lot. Excellent location with city water and sewer.
Owners are very motivated and will help finance. Price based on 13 cap.
For details call: JOE LAMONICA 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: | 14 |
| Total Occupancy: | 87.0 % |
| Average MH Lot Rent: | $400 |
Financial Information (Actual)
| Gross Income: | $61 |
| Operating Expense: | $12 |
| Net Operating Income: | $49 |
| Expense Ratio: | 19.7 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $400 |