Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.9%
- Listing ID: 694075
- Posted On: Aug 4, 2016
- Updated On: Oct 24, 2016
Description
11 Plus acres within the city limits and on platted city lots with city streets and all city utilities paid by the tenants. Current owners have requested only SERIOUS buyers be given additional information. Offered by Don Bishop, Bishop Real Estate Services LLC, Centralia, Missouri. Feel free to contact me on my mobile phone anytime @ 573-881-2829.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 60 |
Total Occupancy: | 80.0 % |
Average MH Lot Rent: | $125 |
Size: | 11 acre(s) |
Financial Information (Actual)
Gross Income: | $59,031 |
Operating Expense: | $4,183 |
Net Operating Income: | $54,858 |
Expense Ratio: | 7.1 % |
Lot Information
Singlewide Lots: | 60 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |