Contact Information

Mobile Home Park Details

  • Price: $1,900,000
  • Cap Rate: 7.7%
  • Listing ID: 6745616
  • Posted On: Oct 10, 2024
  • Updated On: Oct 10, 2024

Description

* 38 Lots
* All Tenant-Owned Homes
* 5 Vacant Lots
* 3.09 Acres
* City Water & Septic
* Tenants pay for Garbage, Water and Electricity
* Park Manager will stay on
* Park Maintenance person will stay on

Location

* Located in Washington County

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Park Information

Number of MH Lots: 38
Total Occupancy: 86.4 %
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $226,836
Operating Expense: $50,690
Net Operating Income: $145,366
Expense Ratio: 22.3 %

Utility Information

Water: City
Sewer: Septic

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