Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.8% (Pro Forma)
- Listing ID: 800582
- Posted On: Apr 6, 2017
- Updated On: Apr 22, 2024
Description
A Great 19 Unit Mobile Home Park and Storage Opportunity. $81,000 Gross Rent Proforma, $62,249. Net Rent Proforma. 14 Mobiles, RV's and a Residential Home, and Four large storage containers. Room to expand on this prime corner lot Zoned Commercial with water, sewer, and gas in the street. The park is on a good well and septic system with upgrades to both the well and septic. Two blocks to the Renowned Great Wolf Lodge and Convention Center. Zoning will allow motel, mini storage, gas stations and more. 15 miles to Olympia, WA. Close to many outdoor activities. Easy access to the I-5 Freeway. Don't miss out on this awesome opportunity to own a great income property in a developing area. Owner financing available. Call Dave Hilbert Real Estate 2000 Corp. 1-800-543-2330
Amenities
- Storage
Park Information
Community Type: | All Age |
Number of MH Lots: | 14 |
Total Occupancy: | 100.0 % |
Year Built: | 1940 |
Average MH Lot Rent: | $400 |
Size: | 2 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $81 |
Operating Expense: | $18 |
Net Operating Income: | $62 |
Expense Ratio: | 22.2 % |
Debt Info: | 0 |
Lot Information
Singlewide Lots: | 9 |
RV Information
Number of RV Lots: | 4 |
Average RV Lot Rent: | $400 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 4 |
Average Rent for Park-owned Homes: | $400 |