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 % |
Lot Information
Singlewide Lots: | 31 |
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: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 26 |
Average Rent for Park-owned Homes: | $475 |