Office
Waterfront view
Front Park area
Swimming pool area
Enclosed dock
Inside Enclosed fishing dock
North shoreline frontage and jet ski pads
14 boat slip dock
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.5%
- Listing ID: 786137
- Posted On: Feb 18, 2017
- Updated On: Aug 14, 2017
Description
Located 5 miles N/E of Grove, Ok off of Highway 10 then 1.5 miles East on E260 Road. Sits on North side waterfront property on Grand Lake of the Cherokees.
One of the best well maintained Resorts on Grand Lake with gentle slope shoreline for easy access to boat docks and boat ramp. Great location and just 2 miles from Grand Lake Casino for entertainment!
Amenities
- Pool
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 31 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $230 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $125 |
| Operating Expense: | $60 |
| Net Operating Income: | $65 |
| Expense Ratio: | 48.0 % |
| Debt Info: | 0 |
Lot Information
| Singlewide Lots: | 30 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $525 |
