Marked Aerial
Marked Aerial
Typical MH
Typical MH
Typical MH
Typical MH
Marked Aerial
Typical MH
Typical MH

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

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