Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Cap Rate: 4.0%
- Listing ID: 934634
- Posted On: Jun 4, 2018
- Updated On: Sep 4, 2018
Description
25 spaces plus commercial corner + residential rental and storage yard on Gold Rush hwy 49 between Placerville and Auburn Ca. Commercial corner is possible to split off and 4 paces + residential rental can be sold off separately. All
on 10+ acres. See attached marketing package.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 25 |
Total Occupancy: | 96.0 % |
Year Built: | 50 |
Average MH Lot Rent: | $258 |
Financial Information (Actual)
Gross Income: | $100,832 |
Operating Expense: | $49,176 |
Net Operating Income: | $51,656 |
Expense Ratio: | 48.8 % |
Lot Information
Doublewide Lots: | 25 |
Park-Owned Homes
Average Rent for Park-owned Homes: | $0 |