Contact Information
Mac Napurano
Mobile Home Park Details
- Price: $305,000
- Purchase Method: Cash, New Loan
- Listing ID: 6765680
- Posted On: Nov 7, 2024
- Updated On: Nov 7, 2024
Description
The community has a total of (11) lots.
There are (10) Tenant Owned Homes, and (1) Vacant Lot
All lots have city water
All lots have septic tanks that were pumped last year
All lots have individually metered electricity billed directly to the tenants
All tenants do their own landscaping
All tenants pay electronically and are current
Capex Expenses
The road was just paved a year ago
Recently removed 17 trees from community
New Lights
New Mailboxes
Close to a Publix
Current Rents
7 tenants are paying (300 a month), 1 tenant is paying (250 a month), 2 tenants are paying (350 a month)
Upside Proforma
Market Rent is $500 lot rent a month
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 11 |
| Total Occupancy: | 91.0 % |
| Average MH Lot Rent: | $305 |
Financial Information (Pro Forma)
| Gross Income: | $60,000 |
| Operating Expense: | $12,233 |
| Net Operating Income: | $47,766 |
| Expense Ratio: | 20.4 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
