Photo of Mobile Home Park
Sample of Inside
Photo of Mobile Home Community
Sample of Inside
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.0%
- Listing ID: 901202
- Posted On: Feb 27, 2018
- Updated On: Jun 1, 2019
Description
This park has 5 doublewide manufactured homes with each having their own public water and sewer which the tenants pay. It currently is 100% occupied and is located about 30 minutes outside of Myrtle Beach.
If you are looking for an additional 20 homes that are within 20 minutes of this and the same cap rate please call.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 5 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2003 |
| Average MH Lot Rent: | $750 |
Financial Information
| Gross Income: | $46,170 |
| Operating Expense: | $16,372 |
| Net Operating Income: | $29,788 |
| Expense Ratio: | 35.5 % |
Lot Information
| Doublewide Lots: | 5 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $750 |