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 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 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

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 5.8%
  • Listing ID: 877378
  • Posted On: Nov 10, 2017
  • Updated On: Apr 22, 2024

Description

*Beautiful 17 Unit Park with a Residential home and Billboard rental. Located in growing Tacoma adjoining the Safeway Shopping Center. * All Doublewides with long term tenants. * City sewer and public water * Excellent condition throughout showing pride of ownership by the long time ownership. * $102,340 Gross Income starting January 2018 with $70,111 Net projected. * Low rents of $440.00 per month. * Blacktop driveway * Great multifamily and office zoning by Pierce County * 2.5 Acres. * A great future development site for a large apartment and mixed office use * Please drive through the park with discretion as not to disturb the long term tenants.

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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 100.0 %
Year Built: 1980
Average MH Lot Rent: $440
Size: 3 acre(s)

Financial Information (Pro Forma)

Gross Income: $102
Operating Expense: $32
Net Operating Income: $70
Expense Ratio: 31.4 %
Debt Info: 0

Lot Information

Doublewide Lots: 17
Park Model Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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