Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 554008
- Posted On: Aug 18, 2015
- Updated On: Aug 26, 2015
Description
Dawsey Mobile Home Park is a fifty lot park with city water, individual meters, and septic tanks. Tenants pay all utilities. Twenty-nine park-owned homes. Nine rental-lots. One office-lot and eleven vacant lots. Paved and gravel roads. Park is well laid out. Expenses are minimal for this investment. Please note that Lot 50 in the financials does not convey with the sale. This is owned privately.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 50 |
Average MH Lot Rent: | $400 |
Size: | 16 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $81,335 |
Operating Expense: | $28,001 |
Net Operating Income: | $53,333 |
Expense Ratio: | 34.4 % |
Lot Information
Singlewide Lots: | 50 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 29 |
Average Rent for Park-owned Homes: | $450 |