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, New Loan
- Cap Rate: 9.3%
- Listing ID: 890264
- Posted On: Dec 30, 2017
- Updated On: May 23, 2018
Description
A nicely appointed 20 pad mobile home park. No park owned homes. City water and sewer. Individually metered and billed. Paved streets. Street lights. Off street parking.
Very low expenses.Rents are below area average.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 20 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1984 |
| Average MH Lot Rent: | $270 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $64,800 |
| Operating Expense: | $7,500 |
| Net Operating Income: | $57,300 |
| Expense Ratio: | 11.6 % |
Lot Information
| Singlewide Lots: | 9 |
| Doublewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
