Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 68662
  • Posted On: Apr 6, 2011
  • Updated On: Dec 4, 2013

Description

31 Space MHP with 26 park owned homes. 27.00 acres of land. Each home has its own septic and all homes have central heat and air. There is a 50gpm well providing water to all homes. All homes are newer homes and well kept. The park is wired for high speed internet and cable t.v. This is a good clean deal with good rental history and tenants.Possible owner financing of down payment.

For pictures visit:
www.scenicoaks.wikispaces.com
*Use the links on the left side of the page. (Pics 1, Pics 2, Pics 3, Pics 4, Pics 5)

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Park Information

Community Type: All Age
Number of MH Lots: 31
Total Occupancy: 100.0 %
Year Built: 1990
Average MH Lot Rent: $150
Size: 27 acre(s)

Financial Information

Gross Income: $150,000
Operating Expense: $12,000
Net Operating Income: $138,000
Expense Ratio: 8.0 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 26
Average Rent for Park-owned Homes: $475

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