116-Space Mobile Home Park - for Sale in Pennsylvania
Somewhere in Pennsylvania
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Mobile Home Park for Sale |
|
| Number of MH Lots: | 116 |
| Size: | 55 acre(s) |
| Cap Rate: | 11.9% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 106557 |
| Posted on: | Oct 08, 2011 |
| Updated on: | Oct 08, 2011 |
| Price: | $1,600,000 |
Property Description
Good lot sizes. Located in a well populated market. All tenants owned homes. For further information and financials please visit our website at www.birchrealty.com or feel free to call us at 800-589-7833.
Park Information
| Number of MH Lots: | 116 |
| Total Occupancy: | 80.0% |
| Average MH Lot Rent: | $260 |
| Size: | 55.0 acre(s) |
Financial Information (Actual)
| Gross Income | $282,240 |
| Operating Expense | $93,000 |
| Net Operating Income | $189,240 |
| Expense Ratio | 33.0% |
| Debt Info |
Utility Information
| Water: | Well |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
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