Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 551648
- Posted On: Aug 4, 2015
- Updated On: Mar 21, 2022
Description
6 residential lots
2 doublewides
1 singlewide
2 houses
1 extra lot
Location
Great location
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Park Information
Community Type: | All Age |
Number of MH Lots: | 6 |
Total Occupancy: | 100.0 % |
Year Built: | 1970 |
Average MH Lot Rent: | $645 |
Size: | 3 acre(s) |
Financial Information (Actual)
Gross Income: | $38,700 |
Operating Expense: | $8,940 |
Net Operating Income: | $29,760 |
Expense Ratio: | 23.1 % |
Lot Information
Triplewide Lots: | 6 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 5 |
Average Rent for Park-owned Homes: | $645 |