Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 668702
- Posted On: May 19, 2016
- Updated On: Jul 20, 2016
Description
55 and over retirement community. 13 spaces, a community building & an in ground storm shelter. Each space has a carport & a storage building. Mobile homes are individually owned. Income derived strictly from lot rent.
Amenities
- Club House
- Storage
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 13 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $170 |
Size: | 2 acre(s) |
Financial Information (Actual)
Gross Income: | $26,520 |
Operating Expense: | $4,860 |
Net Operating Income: | $21,660 |
Expense Ratio: | 18.3 % |
Lot Information
Singlewide Lots: | 13 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 1 |
Average Rent for Park-owned Homes: | $400 |