Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 10.9%
- Listing ID: 541627
- Posted On: Jun 12, 2015
- Updated On: Apr 22, 2016
Description
■ Opportunity to Acquire a 41 Site Community at $13,049
per Site
■ Current Rent is $20 Below the Market Average
■ Public Water and Sewer. Only Water is Being Billed Back
■ Seven Vacant Park Owned Homes with Titles Will be
Transferred At Closing
■ New Water Lines were Installed in 2000
■ 10.9 Percent Cap Rate Based on the Sellers 2014 Financials
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 41 |
| Total Occupancy: | 83.0 % |
| Average MH Lot Rent: | $230 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
