Contact Information

Mobile Home Park Details

  • Price: $170,000
  • Purchase Method: Cash
  • Cap Rate: 11.8%
  • Listing ID: 5541765
  • Posted On: May 5, 2024
  • Updated On: May 20, 2024

Description

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 $350/mo.
1st RTO pays an additional $339/mo for a total of $689/mo.
1st RTO payoff date is 2-1-28
2nd RTO pas an additional $250/mo for a total of $600/mo.
2nd RTO payoff date is 7-1-32

Location

13683 Cullers Ln. Broadway Va 22815

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Park Information

Number of MH Lots: 3
Total Occupancy: 100.0 %
Average MH Lot Rent: $350

Financial Information (Actual)

Gross Income: $20,000
Operating Expense: $0
Net Operating Income: $20,000
Debt Info: No Debt

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: 0
Average Rent for Park-owned Homes: $555