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34-Space Mobile Home Park Northwest, OH 43543

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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: 10.6%
  • Listing ID: 620842
  • Posted On: Jan 19, 2016
  • Updated On: Sep 26, 2016

Description

Motivated Sellers. Traditionally strong occupancy. City water/sewer, not metered however. Good lots sizes and all tenant owned homes. For financial information please visit our website at www.birchrealty.com, this will be listing #216 on our site. If you would like to contact us please call at 727-914-8729 or email at stan1@birchrealty.com

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Park Information

Community Type: All Age
Number of MH Lots: 34
Total Occupancy: 90.0 %
Year Built: 1970
Average MH Lot Rent: $310
Size: 5 acre(s)

Financial Information

Gross Income: $89,295
Operating Expense: $41,969
Net Operating Income: $47,326
Expense Ratio: 47.0 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0