Mobile Home Park Details
- Cap Rate: 6.0%
- Listing ID: 804018
- Posted On: Apr 17, 2017
- Updated On: Jun 1, 2017
Description
Very good cash flow property! Mobile home park w/ 66 spaces. All spaces are space rental with the exception of 3 (2 mobile homes
owned and are being financed to buyers. 1 mobilRoom for expansion. Currently on an on-site waste management system. City sewer is
expanding toward the park. May be possible to connect in the future. Large part of acreage being used for aerobic sewer system. If city
sewer becomes a reality that acreage could possibly be used for expansion. Owner financing possible.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 66 |
Total Occupancy: | 80.0 % |
Size: | 30 acre(s) |
Financial Information (Actual)
Gross Income: | $211 |
Operating Expense: | $46 |
Net Operating Income: | $165 |
Expense Ratio: | 21.8 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Treatment Plant |