Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 569198
- Posted On: Sep 11, 2015
- Updated On: Oct 25, 2016
Description
Mobile Home Park with 57 lots for sale!! Park has 2 wells and is on a septic system.
Grand Rapids Unemployment Rate is 6.2 %
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 57 |
Total Occupancy: | 96.0 % |
Year Built: | 1964 |
Average MH Lot Rent: | $295 |
Size: | 20 acre(s) |
Financial Information
Gross Income: | $157,427 |
Operating Expense: | $103,661 |
Net Operating Income: | $53,766 |
Expense Ratio: | 65.8 % |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |