Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 822107
- Posted On: Jun 12, 2017
- Updated On: Jul 31, 2017
Description
Northgate: Paved road. 100% occupied. 5 minutes to shopping, restaurants, hospital and super Walmart. Quiet country setting. includes 2 brick houses with new metal roofs, 1 large 4 bedroom doublewide on its own lot and 1 large 5 bedroom double wide. all other units are singlewides. several of the units come with a storage building. Many long term tenants. very popular park. good tenants.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 28 |
Total Occupancy: | 100.0 % |
Financial Information
Gross Income: | $180,048 |
Operating Expense: | $37,329 |
Net Operating Income: | $142,719 |
Expense Ratio: | 20.7 % |