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
- Cap Rate: 11.0%
- Listing ID: 925817
- Posted On: May 7, 2018
- Updated On: Aug 13, 2018
Description
Weeping Willow Estates with 6 units. All occupied. Great income potential!!
#3 2/2 $525 rent until 11/18; #5 2/2 $480 (Receives $150 rent until 8/18, #7 3/2 $575 rent until 12/18, #9 3/2 $600 rent until 2/19, #11 4/2 $775 rent until 8/18, #15 3/2 $500 rent until 8/18. Tenants pay electrical, SHED onsite behind manager, approx. 2.7 acres. Won't last long!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 6 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $500 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $27,750 |
| Operating Expense: | $6,770 |
| Net Operating Income: | $20,980 |
| Expense Ratio: | 24.4 % |
Lot Information
| Singlewide Lots: | 5 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $575 |
