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: 9.5%
- Listing ID: 577058
- Posted On: Nov 4, 2015
- Updated On: Jan 11, 2016
Description
Mobile Home Park. Good investment property with upside potential. 18 useable spaces on 13 city lots, one park owned mobile home, park manager available, city utilities.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 83.0 % |
| Average MH Lot Rent: | $225 |
| Size: | 2 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $39 |
| Operating Expense: | $24 |
| Net Operating Income: | $15 |
| Expense Ratio: | 61.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
