Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 710471
- Posted On: Oct 3, 2016
- Updated On: Jan 3, 2017
Description
21 Unit Mobile Home Park For Sale by Owner.
Great entry level park.
21 lots each with 200 amp service.
Paved roads.
Individually metered city water.
Individual septic system for each lot.
17 Park owned homes @ $400 per month.
Well maintained with new skirting and decks. Tenants provide their own appliances.
Lot rentals @ $200 per month.
1 Empty space.
ON SITE MANAGEMENT!
$94,000 gross income.
Expenses
$1660 tax
$1800 Trash
$900 electricity for streetlights,
$5500 Miscellaneous maintenance
NO Owner Financing.
For more information or to schedule a showing, please contact Kurt Nichols @ (704)315-9815
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 21 |
Average MH Lot Rent: | $200 |
Financial Information
Gross Income: | $90,400 |
Operating Expense: | $9,860 |
Net Operating Income: | $80,540 |
Expense Ratio: | 10.9 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 17 |
Average Rent for Park-owned Homes: | $400 |