Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 5.8%
- Listing ID: 833538
- Posted On: Jul 18, 2017
- Updated On: Jul 17, 2018
Description
Nestled within a pristine chain of lakes. With only 60% of the park covered there is definitely a lot of upside. This 80 unit park, is truly the epitome of serene. Between the crisp lakes filled with succulent fish, enjoyable clean air, amenities that turn strangers into family, and a community that gives an “at-home” feel. This park is more than just a mobile home park community, It’s a lifestyle.
Amenities
- Pool
- Club House
- Storage
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 80 |
Total Occupancy: | 60.0 % |
Year Built: | 1998 |
Average MH Lot Rent: | $400 |
Financial Information (Actual)
Gross Income: | $216 |
Utility Information
Water: | Well |
Sewer: | Treatment Plant |
Park-Owned Homes
Number of Park-owned Homes: | 2 |
Average Rent for Park-owned Homes: | $400 |