Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 7.5%
- Listing ID: 886553
- Posted On: Dec 15, 2017
- Updated On: Apr 22, 2024
Description
* 17 Unit Mobile Home Park in Graham Washington. * 5 Park like acres with 16 Double Wide Mobiles and 1 Triple * A 3 Bed 1.75 Bath and 4 Bed 3 Bath Double Wide are included in the sale * $114,660 Gross Proforma Rents with an $80,252 Projected Net * On Public Water with 17 individual septics * All Age All Double Wide park with Blacktop Drive * $515 Space Rents for 2018 on 15 Leased Spaces and $900. Monthly on each of the Park Owned Mobiles which are currently vacant * Close to Schools, Shopping, Restaurants, and Churches * Check out this Beautifully Maintained Pride of Ownership Park Today...
Note: Please Drive through the park with Discretion and call Dave Hilbert at 425-280-6542 to discuss any questions.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 17 |
Total Occupancy: | 70.0 % |
Year Built: | 1986 |
Average MH Lot Rent: | $517 |
Size: | 5 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $114,660 |
Operating Expense: | $34,408 |
Net Operating Income: | $80,252 |
Expense Ratio: | 30.0 % |
Debt Info: | 0 |
Lot Information
Doublewide Lots: | 16 |
Triplewide Lots: | 1 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 2 |
Average Rent for Park-owned Homes: | $517 |