FERNELAND MHP - for Sale in Reeds Spring, Missouri
Reeds Spring, MO 65737
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Seller Information
Ricky Rothferneland estates
Mobile Home Park for Sale |
|
| Number of MH Lots: | 54 |
| Size: | 20 acre(s) |
| Cap Rate: | 8.0% |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 107780 |
| Posted on: | Nov 07, 2011 |
| Updated on: | Nov 07, 2011 |
| Price: | $775,000 |
Property Description
Very nice -well maintained 54 unit park, located minutes away from Branson Mo. & a very popular fishing and boating lake. Easy to manage- 100 % home-owners! Built in 1985 on approx. 20 acres m/l. New chip and seal roads just last year, off-street parking. Private well and septic, city water is available now and city sewer coming soon. GREAT PARK & TENANTS !
Park Information
| Number of MH Lots: | 54 |
| Total Occupancy: | 93.0% |
| Year Built: | 1985 |
| Average MH Lot Rent: | $140 |
| Size: | 20.0 acre(s) |
Financial Information
| Gross Income | $82 |
| Operating Expense | $20 |
| Net Operating Income | $62 |
| Expense Ratio | 24.4% |
| Debt Info |
Lot Information
| Singlewide Lots: | 52 |
| Doublewide Lots: | 2 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |