Contact Information
SIG Marketing
Mobile Home Park Details
- Price: $1,500,000
- Cap Rate: 7.1%
- Listing ID: 6729637
- Posted On: Sep 16, 2024
- Updated On: Sep 16, 2024
Description
Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342
Sands Investment Group is Pleased to Exclusively Offer For Sale Myetta Meadows Located at 27 Sunrise Terrace Drive in Camdenton, MO. This Deal Includes 41 Total Lots, Comprising 17 Park Owned Homes, 13 Tenant Owned Homes and 11 Vacant Lots. Also, a Value-Add Opportunity to Infill Vacant Lots, Increase Rents & Utilize Vacant Acreage to Provide For a Secure Investment.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 41 |
Total Occupancy: | 73.0 % |
Size: | 23 acre(s) |
Financial Information (Actual)
Gross Income: | $182,520 |
Operating Expense: | $76,039 |
Net Operating Income: | $106,481 |
Expense Ratio: | 41.7 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |