El Rancho Mobile Home Park - for Sale in Newark, Ohio
5520 5568 Fallsburge Road
Newark, OH 43055
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Mobile Home Park for Sale(Distressed)This property is in default, REO or in foreclosure. |
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| Number of MH Lots: | 25 |
| Size: | 11 acre(s) |
| Status: | Active |
| Property ID: | 107320 |
| Posted on: | Oct 25, 2011 |
| Updated on: | Mar 02, 2012 |
Property Description
The Park consists of 25 lots and a tenant occupied, single family home spread out over 11 total rural acres. Currently , there are 16 pads occupied by trailers. All trailers are owned by the individuals who reside in them. There is a steady flow of tenant generated income for the new owner.
Just Reduced $20,000!
Park Information
| Number of MH Lots: | 25 |
| Total Occupancy: | 64.0% |
| Year Built: | 1930 |
| Average MH Lot Rent: | $305 |
| Size: | 11.0 acre(s) |
Financial Information (Actual)
| Gross Income | $5 |
| Operating Expense | $2 |
| Net Operating Income | $2 |
| Expense Ratio | 40.0% |
| Debt Info |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |