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
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Manufactured Home Community
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.3%
- Listing ID: 822842
- Posted On: Jun 15, 2017
- Updated On: Sep 20, 2017
Description
56 Unit Mobile Home Park - 43 Mobiles in place, All units are Park owned Annual INCOME $282,000.00 pro-forma @ 43 units. Infrastructure in place for remaining units. City water Metered separate to tenants, Newer Septic. Paved roads, Shop/Storage building and Steel Storage Container. All on 6.4 + - Acres Outside city limits. 1 mile from Wal-Mart, RTE 60, RTE 27.
Manager and Maintenance personnel are in place.
SALE INCLUDES ; ALL Hand tools, Golf Cart, 2016 Cub Cadet Mower, and a 2011 FORD RANGER . PLEASE DO YOUR DUE DILIGENCE & INSPECTIONS BEFORE YOU SUBMIT AN OFFER. ADDRESS IS ACTUAL, YOU MAY GO INSPECT PARK AT YOUR LIESURE. CALL 727 389 3082 HARRY. Thank you
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 56 |
| Total Occupancy: | 96.0 % |
| Year Built: | 1982 |
| Average MH Lot Rent: | $525 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $240 |
| Operating Expense: | $84 |
| Net Operating Income: | $156 |
| Expense Ratio: | 35.0 % |
Lot Information
| Singlewide Lots: | 49 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 43 |
| Average Rent for Park-owned Homes: | $525 |
