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, Seller Financing, New Loan
- Cap Rate: 11.8%
- Listing ID: 618817
- Posted On: Jan 13, 2016
- Updated On: Aug 26, 2016
Description
Great opportunity for this 33 mobile home park in Dobbins. Just a short 30 minutes commute to Marysville, this foothill mobile home park has 33 spaces with additional spaces approved by HCD. Park features some PGE tenant billing, some sub-metered electric. On-site laundry room and vending. Space rents from $325-$345. All utilities and trash are passed through to the tenant.
Possible loan assumption subject to requirements of current lenders (private)
Contact Broker Michael Zuccolillo at 530-521-4576/cell or email mike@gosimplistic.com (please don't use email contact function...Im getting problems receiving them)
Amenities
- Laundromat
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 87.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $335 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $102,500 |
| Operating Expense: | $21,425 |
| Net Operating Income: | $81,075 |
| Expense Ratio: | 20.9 % |
Lot Information
| Singlewide Lots: | 7 |
| Doublewide Lots: | 26 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
