Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.9%
- Listing ID: 870443
- Posted On: Oct 21, 2017
- Updated On: Apr 29, 2021
Description
A good number of vinyl/shingle homes. Great lot sizes can fit any size home on most lots. Half hour outside of the Pittsburg metro. For financial information please visit our website at www.birchrealty.com, this will be listing #207 on our site. Feel free to contact us at 727-914-8729 or stan1@birchrealty.com
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 68 |
| Total Occupancy: | 80.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $220 |
| Size: | 78 acre(s) |
Financial Information (Actual)
| Gross Income: | $172,492 |
| Operating Expense: | $98,459 |
| Net Operating Income: | $74,276 |
| Expense Ratio: | 57.1 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 10 |
| Average Rent for Park-owned Homes: | $390 |