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Mobile Home Park Details

  • Cap Rate: 10.1%
  • Listing ID: 114877
  • Posted On: Feb 9, 2012
  • Updated On: Apr 13, 2012

Description

PRINCIPALS ONLY..... ASKING PRICE $2,300,000

1298 Site Mobile Home and RV park. 81 RV sites and 48 Mobile Homes, 15 of the mobile homes are owned by the seller and rented. A 4000 square foot club house with a pool. Shuffle board, storage building and equipment building. There is also a single family home and park office. Security gate and fencing around park. Public water and sewer. Also there are two lots totaling 2 3/4 acre that could be expanded to add approx. 25 RV sites.
2011
Gross Income 497,142
Expenses 265,331
NOI 231,811
Cap Rate 10.07%

The above address is not correct.

Location

The above address is not correct...................................

Please sign the C/A agreement attached & email it back to bwebster53@aol.com or fax it back to 1-561-422-4075. Then we will send you the information & the correct address on this park.

Thanks for your interest and have a great day!
Bob and Linda

Disclaimer: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm Robert Webster Inc. a real estate corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

Amenities

  • Laundromat
  • Storage
  • Pool
  • Club House
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Park Information

Number of MH Lots: 129
Size: 11 acre(s)

Financial Information (Actual)

Gross Income: $497,142
Operating Expense: $265,331
Net Operating Income: $231,811
Expense Ratio: 53.4 %

RV Information

Number of RV Lots: 81

Utility Information

Water: City
Sewer: City

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