Mobile Home Park Details

  • Cap Rate: 12.5%
  • Listing ID: 1183192
  • Posted On: Jan 24, 2020
  • Updated On: Jul 13, 2020

Description

Well located MHP with plenty of up-side
in a strong market. The park has 29 lots,
of which, 18 are park-owned homes
tenants each paying rent at an average
$236.94 plus the average lot rent of
$207.63, and 1 vacant park owned
home.

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Park Information

Number of MH Lots: 24
Size: 5 acre(s)

Financial Information

Gross Income: $112,800
Net Operating Income: $45,370

Utility Information

Water: Well
Sewer: Septic

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