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

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

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