60-Space Mobile Home Park - for Sale in Great Bend, Kansas

Broker Information

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

Mobile Home Park for Sale

Number of MH Lots: 60
Size: 4 acre(s)
Cap Rate: 10.5%
Purchase Method: Cash, Seller Financing, New Loan
Status: Sold
Property ID: 111455
Posted on: Dec 12, 2011
Updated on: Mar 01, 2012

Property Description

For more information and a full package call (248) 925-8165 or email: jkb.remax@gmail.com

Park Information

Number of MH Lots:60
Total Occupancy:51.0%
Average MH Lot Rent: $160
Size:4.0 acre(s)

Financial Information

Gross Income$64,500
Operating Expense$22,596
Net Operating Income$41,964
Expense Ratio 35.0%
Debt Info

Utility Information

Water:City
Water Paid By: Park
Sewer:City

Park-Owned Homes

Number of Park-owned Homes:3
Average Rent for Park-owned Homes: $300