Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 11.5%
- Listing ID: 5542184
- Posted On: May 5, 2024
- Updated On: Nov 4, 2024
Description
2 Mobile Homes on 2 separate lots.
City Water and shared septic. However, $5,000 on record in town office to hook up to City Sewer if preferred.
1 TOH $350/mo. land fee
1 POH$350/mo. land fee plus $352/mo. loan payment. Payoff 7-1-26.
Location
104 & 105 Massanutten St. Edinburg, Va. 22824
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Park Information
| Number of MH Lots: | 2 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $350 |
Financial Information (Actual)
| Gross Income: | $12,624 |
| Operating Expense: | $0 |
| Net Operating Income: | $12,624 |
Lot Information
| Singlewide Lots: | 2 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $702 |
