Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 7.0%
- Listing ID: 521651
- Posted On: May 9, 2015
- Updated On: Feb 14, 2016
Description
This is an 18 space Mobile Home Park, no vacancies, no park owned units, stable tenants, city water and sewer, paved street, park is one city block in size, has 3 storage units. Owners home across from the park is available for sale.
Location
Culver is located 9 miles south of Madres, 19 miles north of Redmond and 40 miles from Bend in central Oregon.
Amenities
- Storage
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Park Information
Community Type: | All Age |
Number of MH Lots: | 18 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $315 |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $67 |
Operating Expense: | $21 |
Net Operating Income: | $45 |
Expense Ratio: | 31.3 % |
Debt Info: | 0 |
Lot Information
Singlewide Lots: | 18 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |