Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 7.5%
- Listing ID: 794957
- Posted On: Mar 24, 2017
- Updated On: Jan 9, 2018
Description
The entrance is attractive and the interior streets are paved and well maintained. There is a laundry with coin operated washers and dryers and a recreation hall. The residents enjoy the use of fishing piers, a boat ramp and rental covered boat stalls. There is a kitchen for resident use in the recreation hall. There is an additional mobile home used as a manager’s residence. A new sea wall is in place.
Amenities
- Laundromat
- Club House
- Storage
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 61 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1982 |
| Average MH Lot Rent: | $425 |
| Size: | 13 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $456 |
| Operating Expense: | $170 |
| Net Operating Income: | $285 |
| Expense Ratio: | 37.3 % |
| Debt Info: | 0.00 |
RV Information
| Number of RV Lots: | 26 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
