Contact Information
Mac Napurano
Mobile Home Park Details
- Price: $460,000
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 6742011
- Posted On: Oct 4, 2024
- Updated On: Nov 21, 2024
Description
The community has a total of (22) lots.
There are (20) Tenant Owned Homes, and (2) Vacant Lots
Property Includes One 2 Bedroom 1 Bathroom Single Family Home
7 Acres
Utilities
Water: All lots have well water
Sewer: Septic (one per two trailers)
Electricity: All lots have individually metered electricity billed directly to the tenants
Trash: All Tenants are responsible for their own trash.
All tenants do their own landscaping
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 90.0 % |
| Year Built: | 19601980 |
| Average MH Lot Rent: | $250 |
Financial Information (Actual)
| Gross Income: | $77,580 |
| Operating Expense: | $31,032 |
| Net Operating Income: | $46,548 |
| Expense Ratio: | 40.0 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
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