Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.3%
  • Listing ID: 873167
  • Posted On: Oct 26, 2017
  • Updated On: Mar 28, 2018

Description

Great location, located close new retail and higher end residential properties. Very clean park with many long term senior tenants. Good number of vinyl/shingle homes. In the Cincinnati metro. For financial information please visit our website at www.birchrealty.com, this will be listing #209 on our site. Feel free to contact us at stan1@birchrealty.com or 727-914-8729

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Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 90.0 %
Average MH Lot Rent: $280
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $157,560
Operating Expense: $51,995
Net Operating Income: $105,565
Expense Ratio: 33.0 %

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City