Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 11.3%
- Listing ID: 549776
- Posted On: Jul 25, 2015
- Updated On: Apr 25, 2016
Description
69 Spaces situated on 5.2 acres in the City of Klamath Falls. 29 mh spaces 40 rv spaces 3 separate shop buildings. 11 Park owned MH.
Amenities
- Laundromat
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Park Information
Community Type: | All Age |
Number of MH Lots: | 29 |
Year Built: | 0 |
Average MH Lot Rent: | $290 |
Size: | 5 acre(s) |
Financial Information (Actual)
Gross Income: | $223 |
Operating Expense: | $127 |
Net Operating Income: | $96 |
Expense Ratio: | 57.0 % |
Debt Info: | $330,000, 8%, $3,781.90/month |
Lot Information
Singlewide Lots: | 24 |
Doublewide Lots: | 5 |
RV Information
Number of RV Lots: | 40 |
Average RV Lot Rent: | $290 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 11 |
Average Rent for Park-owned Homes: | $470 |