Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 6.0%
- Listing ID: 781620
- Posted On: Jan 31, 2017
- Updated On: Feb 6, 2018
Description
Turn key MHP with lot up potential for increase
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Park Information
Community Type: | All Age |
Number of MH Lots: | 72 |
Total Occupancy: | 47.0 % |
Average MH Lot Rent: | $225 |
Financial Information (Actual)
Gross Income: | $85 |
Operating Expense: | $37 |
Net Operating Income: | $48 |
Expense Ratio: | 43.5 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |