Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 13.7%
- Listing ID: 690889
- Posted On: Jul 26, 2016
- Updated On: Apr 26, 2017
Description
Very clean and easy to keep up with 5 unit Mobile home park. All units are park owned well maintained and fully occupied. The park sits on a large 2 acre parcel.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 5 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $590 |
| Size: | 2 acre(s) |
Financial Information
| Gross Income: | $35 |
| Operating Expense: | $8 |
| Net Operating Income: | $27 |
| Expense Ratio: | 22.9 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $590 |