Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.5%
- Listing ID: 809894
- Posted On: May 5, 2017
- Updated On: Nov 15, 2017
Description
43 Unit Mobile Home Park on lake For Sale By Owner
Investment HIghlights:
Located on the large recreational lake
36 park owned homes @ $525 average
43 lots 12 vacant homes
2 vacant lots
2 vacant rv lots
Septic/City Water
Well maintained with great upside potential.
Please Contact Scott Bittinger for more information.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 43 |
Size: | 9 acre(s) |
Financial Information
Gross Income: | $170,000 |
Net Operating Income: | $120,000 |
Utility Information
Water: | City |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 36 |
Average Rent for Park-owned Homes: | $525 |