Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 15.0%
- Listing ID: 826977
- Posted On: Jun 27, 2017
- Updated On: Aug 2, 2017
Description
27 lots, 17 available, pads ready to go, San Diego Gas & Electric Direct Bill-Electric. Paved roads, below ground utilities, full connection, beautiful clubhouse with bar/kitchenette and large patio area.
Amenities
- Pool
- Club House
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Financial Information (Pro Forma)
Gross Income: | $13,103 |
Operating Expense: | $1,663 |
Net Operating Income: | $11,440 |
Expense Ratio: | 12.7 % |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 10 |
Average Rent for Park-owned Homes: | $435 |