Contact Information
David Voigt
Mobile Home Park Details
- Price: $280,000
- Purchase Method: Cash
- Cap Rate: 12.2% (Actual)
- Listing ID: 5541765
- Posted On: May 5, 2024
- Updated On: Mar 31, 2025
Description
Cullers Ln Broadway Va:
City Water/ City Sewer Direct Billed to Tenants.
Tenants take care of their own yards.
3 Units
1 TOH
2 RTO
All tenants currently pay land fee of $400/mo.
1st RTO pays an additional $339/mo for a total of $689/mo. Payoff 2-1-28
2nd RTO pas an additional $250/mo for a total of $600/mo. Payoff 7-1-32
Massanutten St. Edinburg Va:
City Water Billed to Tenants.
Shared Drain Field w/ abilty to hook up to Town Sewer
Tenants take care of their own yards.
2 Units
1 TOH
1 RTO
All tenants currently pay land fee of $400/mo.
RTO pays an additional $267.30/mo for a total of $667.30/mo. Payoff 4-1-27
Location
13683 Cullers Ln. Broadway Va 22815
104 Massanutten St. Edinburg Va 22824
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 5 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $400 |
Financial Information (Actual)
| Gross Income: | $34,272 |
| Operating Expense: | $662 |
| Net Operating Income: | $33,609 |
| Expense Ratio: | 1.9 % |
| Debt Info: | No Debt |
Lot Information
| Singlewide Lots: | 5 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $685 |
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