116-Space Mobile Home Park - for Sale in Pennsylvania

Somewhere in Pennsylvania

Broker Information

Stan Davis
Birch Realty
www.birchrealty.com

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