Mobile Home Park Details
- Cap Rate: 11.0%
- Listing ID: 650050
- Posted On: Mar 30, 2016
- Updated On: Jul 15, 2016
Description
The perfect income producing mini-farm on Ga Hwy 85 approx. one hr from Atlanta! This 22 acre spread is completely fenced with pond and abundant pecan/fruit trees. Additional private home site over looking pond. This animal lovers paradise is complete with 2 chicken coops, 2 barns with metal roofing & 4 stalls, and screened BBQ pit smoker. 6 rentable updated residences with 1 90x30 commercial building make this unique property an investors dream!
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Park Information
Community Type: | All Age |
Number of MH Lots: | 3 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $465 |
Size: | 22 acre(s) |
Financial Information
Gross Income: | $45 |
Operating Expense: | $10 |
Net Operating Income: | $35 |
Expense Ratio: | 22.2 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 7 |
Average Rent for Park-owned Homes: | $540 |