Contact Information
Mobile Home Park Details
- Price: $950,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.5% (Actual)
- Listing ID: 6805270
- Posted On: Jan 15, 2025
- Updated On: Jan 15, 2025
Description
Beautiful 30 plus pad community 72% occupied TOH. The community is serviced by city water and city sewer. The asphalt roads were recently. Management in place and onsite making this an easy to operate community. The condition makes the seller's pride in the property evident. The community is a bargain priced at an 8.5 cap rate.
Location
Undisclosed Ohio Location
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Park Information
| Community Type: | All Age |
| Total Occupancy: | 72.0 % |
| Average MH Lot Rent: | $400 |
Financial Information (Actual)
| Gross Income: | $108,000 |
| Net Operating Income: | $78,000 |
Lot Information
| Singlewide Lots: | 30 |
RV Information
| Average RV Lot Rent: | $400 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
