Contact Information
Kit Carney
Mobile Home Park Details
- Price: $1,000,000
- Purchase Method: Cash, New Loan
- Cap Rate: 6.9% (Pro Forma)
- Listing ID: 6838815
- Posted On: Mar 7, 2025
- Updated On: Mar 7, 2025
Description
Mobile home park for sale! This property has 7 mobile units and 1 stick built home. The units are clean and cared for. All mobile homes are included in the sale. Seller pays taxes and utilities. Zoning is MHP.
Location
152 Hwy 30
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Park Information
Number of MH Lots: | 8 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $836 |
Size: | 1 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $80,340 |
Operating Expense: | $11,568 |
Net Operating Income: | $68,772 |
Expense Ratio: | 14.4 % |
Debt Info: | none |
Lot Information
Singlewide Lots: | 4 |
Doublewide Lots: | 4 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 8 |
Average Rent for Park-owned Homes: | $836 |