Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 615188
- Posted On: Jan 11, 2016
- Updated On: Jan 1, 2019
Description
This is a tremendous opportunity for someone to get into the mobile home park business. This park is priced reasonably and below similar parks. This park has six units with five functional and one needing renovation. The current five units are consistently rented with an average lot rent of approximately $400.00. The park is located in a very nice neighborhood. I have reduced the price significantly for a quick sale. Please don't contact me unless you are extremely interested. I get call after call everyday.
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Park Information
Number of MH Lots: | 6 |
Total Occupancy: | 100.0 % |
Year Built: | 0 |
Average MH Lot Rent: | $400 |
Financial Information (Actual)
Gross Income: | $24 |
Operating Expense: | $3 |
Net Operating Income: | $21 |
Expense Ratio: | 12.5 % |
Lot Information
Singlewide Lots: | 6 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 6 |
Average Rent for Park-owned Homes: | $400 |