Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 11.0%
- Listing ID: 663935
- Posted On: May 8, 2016
- Updated On: Nov 10, 2017
Description
A Great Opportunity! 7.97 ACRES of East Hwy 76 FRONTAGE 36 LOTS 17 STORAGE Units
Land consists of two parcels: 5.15 Acres and 2.82 Acres. Great for the future commercial development, most of the land lays flat, all utilities in place. Room to expend. Property located near Reeds Spring Middle School, High School and close to Downtown and Shopping (Wall-Mart Supercenter) and the Table Rock Lake. Near Silver Dollar City Park and Branson attractions.
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 36 |
| Total Occupancy: | 70.0 % |
| Year Built: | 90 |
| Average MH Lot Rent: | $200 |
| Size: | 8 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $105 |
| Operating Expense: | $28 |
| Net Operating Income: | $77 |
| Expense Ratio: | 26.7 % |
Lot Information
| Singlewide Lots: | 36 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $475 |