232-Space Mobile Home Park - for Sale in Emporia, Kansas

Broker Information

Michael Calin
Re/Max Signature-Commercial Division
www.remaxsignaturecommercial.com

Mobile Home Park for Sale

Number of MH Lots: 232
Cap Rate: 9.7%
Purchase Method: Seller Financing, New Loan
Status: Sold
Property ID: 108616
Posted on: Dec 01, 2011
Updated on: May 15, 2012

Property Description

Very nice well maintained community offering owner financing with 30 % down.

For information and a complete package call (313) 469-0951 or email michaelcalin@remax.net

Park Information

Number of MH Lots:232
Total Occupancy:57.0%

Financial Information

Gross Income$424,000
Operating Expense$178,718
Net Operating Income$246,802
Expense Ratio 42.2%
Debt Info

Utility Information

Water:City
Water Paid By: Tenant - Individual Service
Sewer:Treatment Plant