Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 680423
- Posted On: Jun 23, 2016
- Updated On: Jul 2, 2017
Description
22 pad park on 20 acres in Waynesboro-Staunton metro area (2010 census population 118,502). Lots of room for additional pads. City water & sewer. Paved road.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Financial Information
Gross Income: | $90 |
Operating Expense: | $28 |
Net Operating Income: | $61 |
Expense Ratio: | 31.1 % |
Debt Info: | NOI excludes finance costs |
Lot Information
Singlewide Lots: | 22 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Average RV Lot Rent: | $0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 9 |
Average Rent for Park-owned Homes: | $500 |