Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.5%
- Listing ID: 569945
- Posted On: Sep 17, 2015
- Updated On: Sep 6, 2017
Description
22 Mobile home spaces and 5, 2 bed 1 bath apartments on 3 5 acres . All city services passed through. At the foot of the sierras just west of Placerville and 1 hour to South Lake Tahoe. Average tenant is over 10 years stay. Gross Rents apr. $190,000 with an NOI of $105,000 . Market rent for El Dorado county is $500 and up In a 1031 exchange .Email owner at. freewholefood@cox.net Or cell at 619-443-3663
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $410 |
| Size: | 4 acre(s) |
Financial Information
| Gross Income: | $186,000 |
| Operating Expense: | $71,000 |
| Net Operating Income: | $105,000 |
| Expense Ratio: | 38.2 % |
Utility Information
| Water: | City |
| Sewer: | City |
