Cave Springs road MHP - for Sale in Rome,, Georgia
1901 Hwy 27
Rome,, GA 30161
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Mobile Home Park for Sale |
|
| Number of MH Lots: | 36 |
| Size: | 3 acre(s) |
| Cap Rate: | 14.0% |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 114016 |
| Posted on: | Jan 27, 2012 |
| Updated on: | May 15, 2012 |
| Price: | $399,000 |
Property Description
Rome, Ga.........this is a 'bank owned-short sale deal'
this 3 acre mostly 'weekly' MHP has 32 mobile home units with 26 mobile homes rented and 6 lots rented and there are 3 vacant lots and a usable Laundramat that has done well in the past. Park is on county water and septic. this is a good all cash price/basically what the seller owes the bank. great husband and wife /mgt. team that does everything and can be trusted with money. they've been running this park for 7 years..owner rarely goes out there!!. call me,,barry for the updated numbers..this is a nice 'firesale property'.. or a very good deal!!!!!..DO NOT ASK FOR OWNER FINANCING!!
Park Information
| Number of MH Lots: | 36 |
| Total Occupancy: | 90.0% |
| Size: | 3.0 acre(s) |
Financial Information (Actual)
| Gross Income | $78 |
| Net Operating Income | $54 |
| Debt Info |
Lot Information
| Singlewide Lots: | 36 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 26 |
Amenities and Other
| Laundromat: | Yes |
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