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
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
Photo of Mobile Home Park

Mobile Home Park Details

  • Cap Rate: 12.0%
  • Listing ID: 983280
  • Posted On: Aug 25, 2018
  • Updated On: Jan 14, 2019

Description

Very nice 28 site well and septic park with room to expand.
Septics are all conventional since its pure sand and last
5 POH worth Approx $50,000 included in price
Blacktop streets in excellent condition
THIS PARK IS WITHIN 5 MILES OF ST CHARLES NEKOOSA and APPROX 20 MILES from ST JAMES ASPEN DRIVE

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Park Information

Community Type: 55 And Over
Number of MH Lots: 28
Total Occupancy: 85.0 %
Year Built: 1990
Average MH Lot Rent: $290
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $100,892
Operating Expense: $26,724
Net Operating Income: $74,168
Expense Ratio: 26.5 %

Lot Information

Singlewide Lots: 28

Utility Information

Water: Well
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $487