Mobile Home Park Details

  • Cap Rate: 15.4%
  • Listing ID: 6729639
  • Posted On: Sep 16, 2024
  • Updated On: Dec 9, 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 Pecan Grove MHP Located at 765 Union Church Road in Brookhaven, MS. This Deal Includes a Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents, Providing For a Secured Investment.

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Park Information

Number of MH Lots: 11
Total Occupancy: 27.0 %
Size: 1 acre(s)

Financial Information (Pro Forma)

Gross Income: $77,700
Operating Expense: $23,855
Net Operating Income: $53,845
Expense Ratio: 30.7 %

Lot Information

Singlewide Lots: 11

Utility Information

Water: City
Sewer: City

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