Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 8.0%
- Listing ID: 574141
- Posted On: Oct 15, 2015
- Updated On: May 22, 2017
Description
Immaculately maintained park in Port Angeles with quiet location and view of the Olympic National Forest. New water lines throughout and new septic. New paving. Long term tenants. Three stick built homes included, one built in 2004. Plenty of room to expand. Must be cash out - Financing available.
SEE ATTACHED FLYER FOR MORE INFORMATION.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $375 |
| Size: | 3 acre(s) |
Financial Information
| Gross Income: | $111 |
| Operating Expense: | $35 |
| Net Operating Income: | $70 |
| Expense Ratio: | 31.5 % |
| Debt Info: | Free and Clear |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |