Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 4.5%
- Listing ID: 549577
- Posted On: Jul 23, 2015
- Updated On: Feb 2, 2016
Description
Pride of ownership park! City water, city sewer, paved road and drives. All 10 homes are manufactured, on permanent foundations, and have attached garages. No park owned homes. The park was built in 1991. All ages park, but mostly older tenant/owners. No vacancies. Upside potential by tenant bill back for utilities. For a complete package go to: www.westernequities.com or call Randy Smith at: 503-320-3030.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 10 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1991 |
| Average MH Lot Rent: | $603 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $71,796 |
| Operating Expense: | $36,260 |
| Net Operating Income: | $38,414 |
| Expense Ratio: | 50.5 % |
| Debt Info: | No loan on property |
Lot Information
| Singlewide Lots: | 0 |
| Doublewide Lots: | 10 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |