Office Front
Lot 1a
Lot 7
Lot13
Lot 48
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 12.0%
- Listing ID: 997234
- Posted On: Oct 10, 2018
- Updated On: May 20, 2019
Description
13.14 Acres 51 space mobile home park Kosciusko County Indiana Jackson Township Park supplies well water and sewer to residents (lagoon system permited by state )
Amenities
- Storage
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 51 |
| Total Occupancy: | 92.0 % |
| Year Built: | 1974 |
| Average MH Lot Rent: | $225 |
| Size: | 13 acre(s) |
Financial Information (Actual)
| Gross Income: | $200,000 |
| Operating Expense: | $81,000 |
| Net Operating Income: | $119,000 |
| Expense Ratio: | 40.5 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 47 |
| Doublewide Lots: | 4 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 22 |
| Average Rent for Park-owned Homes: | $500 |
