Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 7.8%
- Listing ID: 785077
- Posted On: Feb 14, 2017
- Updated On: May 19, 2017
Description
25 Unit Manufactured Home Community plus 1 Apt.
On Site Laundry Income
All Resident Owned Homes
Requires No onsite management
100% Occupied
Recent Infrastructure upgrades
Although the community features a quiet, semi-rural appearance, residents are just minutes away from many stores and restaurants. Conveniently, public transportation stops near the Park entrance.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $360 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $113,055 |
| Operating Expense: | $43,862 |
| Net Operating Income: | $69,193 |
| Expense Ratio: | 38.8 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
