Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 6.1%
- Listing ID: 6727775
- Posted On: Sep 13, 2024
- Updated On: Dec 13, 2024
Description
Bison MHP is a gated, senior 55+ community, with easy access to the San Diego Bay. This park has 77 mh spaces, 2 apartments, 2 laundry rooms, and a pool.
The park is on 4.37 acres and walking distance to the San Diego Bay and the new 25-year development project underway.
Amenities
- Laundromat
- Pool
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 79 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $843 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $897,504 |
| Operating Expense: | $279,525 |
| Net Operating Income: | $610,190 |
| Expense Ratio: | 31.1 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |