Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 638163
- Posted On: Feb 25, 2016
- Updated On: May 30, 2016
Description
20 acre mobile home park with 72 lots. Located between high thriving school and middle school.
66 lots are occupied 6 lots are vacant with no home. 30 acres of deveopable adjoining land is included. Please get in touch for additional pictures.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 72 |
Total Occupancy: | 95.0 % |
Year Built: | 1985 |
Size: | 20 acre(s) |
Financial Information
Gross Income: | $275,000 |
Operating Expense: | $85,000 |
Net Operating Income: | $190,000 |
Expense Ratio: | 30.9 % |
Debt Info: | 0 |
Lot Information
Singlewide Lots: | 56 |
Doublewide Lots: | 16 |
Triplewide Lots: | 0 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 21 |
Average Rent for Park-owned Homes: | $675 |