Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 687831
- Posted On: Jul 15, 2016
- Updated On: Oct 7, 2017
Description
A 119 unit mobile home park with city water and city sewer, paved streets, street lights with off street parking. A very simple park to own and manage.
Location
Wilkesboro NC is about 45 minutes West of I 77 and Hwy 441
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Park Information
Community Type: | All Age |
Number of MH Lots: | 119 |
Total Occupancy: | 88.0 % |
Year Built: | 0 |
Average MH Lot Rent: | $220 |
Size: | 26 acre(s) |
Financial Information
Gross Income: | $280,000 |
Operating Expense: | $63,216 |
Net Operating Income: | $216,784 |
Expense Ratio: | 22.6 % |
Debt Info: | 1.3 mil |
Lot Information
Singlewide Lots: | 80 |
Doublewide Lots: | 39 |
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: | Tenant - Submetered |
Sewer: | City |