Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 102704
- Posted On: Aug 22, 2011
- Updated On: Nov 15, 2012
Description
1 Acer with 10 Lots (3 lot rents & 7 park owned homes)
Park was sold in 2007 and repurchased in 2010, 3 year of financials since taking ownership of park.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 10 |
| Average MH Lot Rent: | $90 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $22,000 |
| Operating Expense: | $13,000 |
| Expense Ratio: | 59.1 % |
| Debt Info: | None |
Lot Information
| Singlewide Lots: | 9 |
| Doublewide Lots: | 1 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $360 |