Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 10.0%
- Listing ID: 882412
- Posted On: Nov 29, 2017
- Updated On: Nov 3, 2018
Description
24 Unit Mobile Home Park with 6 unit apartment building.
mixed park owned and owner occupied.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 24 |
Total Occupancy: | 70.0 % |
Average MH Lot Rent: | $375 |
Size: | 4 acre(s) |
Financial Information (Actual)
Gross Income: | $94 |
Operating Expense: | $27 |
Net Operating Income: | $67 |
Expense Ratio: | 28.7 % |
Lot Information
Singlewide Lots: | 24 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 12 |
Average Rent for Park-owned Homes: | $475 |