Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 6693478
- Posted On: Aug 12, 2024
- Updated On: Dec 18, 2024
Description
GENERAL PARK INFO
PRICE: $160,000
The community has a total of (12) lots.
All lots have city water and city sewer
All lots have individually metered electricity, water, and sewer billed directly to the tenants
There are (8) Tenant Owned Homes, (0) Park Owned Homes, and (4) Vacant Lots
All tenants have their own directly billed trash accounts.
All tenants do their own landscaping
Water and sewer lines were replaced to PVC 2 years ago
The road is paved
Lot rents are ONLY ⅓ of Market Rents - TON OF EASY UPSIDE
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 12 |
| Total Occupancy: | 75.0 % |
| Average MH Lot Rent: | $100 |
Financial Information (Actual)
| Gross Income: | $19,200 |
| Operating Expense: | $2,160 |
| Net Operating Income: | $17,040 |
| Expense Ratio: | 11.2 % |
Lot Information
| Singlewide Lots: | 12 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
