Mobile Home Park Details
- Purchase Method: Seller Financing, New Loan
- Listing ID: 521841
- Posted On: May 12, 2015
- Updated On: Feb 17, 2017
Description
THIS PARK IS FIVE MINUTES TO US ROUTE 81 NEAR SUPER WAL-MART, SCHOOLS, AND MAJOR SHOPPING VENUES, PARK HAS THE APPROVAL FOR ADDITIONAL 35 LOTS AND DRAWINGS ARE DONE AND AVAILABLE. AS SHOWN, THIS IS A 55+ SENIOR DEVELOPMENT. WATER IS SUPPLIED BY AN UNLIMITED AQUAFIER UNDER PARK LAND HUGE 3,000 SQ FT POLE BARN WITH 18' CIELINGS WITH FULL GARAGE DOORS
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 35 |
Total Occupancy: | 77.0 % |
Year Built: | 1977 |
Average MH Lot Rent: | $360 |
Size: | 24 acre(s) |
Financial Information
Gross Income: | $99 |
Operating Expense: | $54 |
Net Operating Income: | $45 |
Expense Ratio: | 54.5 % |
Debt Info: | 195,000.00 bal of mortgage |
Lot Information
Singlewide Lots: | 10 |
Doublewide Lots: | 25 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |