Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 12832
- Posted On: Jun 2, 2010
- Updated On: Mar 1, 2014
Description
THIS IS A MOBILE HOME COMMUNITY IN A COUNTRY SETTING, BUT ONLY 25 MILES FROM FORT KNOX AND ELIZABETHTOWN OFF OF HWY 60. 14.5 ACRES WITH 8 ACRES DEVELOPED WITH 17 LOTS WITH MOBILE HOMES ON THEM .15 OWNED HOMES AND 2 TENANT OWNED ON LOTS. FIRST PHASE OF PARK COMPLETED AND PHASE 2 PARTIALLY DEVELOPED. 1995 AND NEWER MOBILE HOMES. SEVEN 16 WIDES AND EIGHT 14 WIDES. PARK HAS BEEN APPROVED BY THE STATE FOR 32 LOTS. CITY WATER AND UTILITIES ARE PAID BY TENANTS. PARK IS FULLY OCCUPIED. PARK ONLY 6 YEARS OLD. GREAT INVESTMENT OPPORTUNITY!!!!
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2006 |
| Average MH Lot Rent: | $175 |
| Size: | 15 acre(s) |
Financial Information
| Gross Income: | $77,000 |
| Operating Expense: | $18,000 |
| Net Operating Income: | $59,000 |
| Expense Ratio: | 23.4 % |
Lot Information
| Singlewide Lots: | 17 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 15 |
| Average Rent for Park-owned Homes: | $450 |
