Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 13.4%
  • Listing ID: 13309
  • Posted On: Jun 4, 2010
  • Updated On: Nov 13, 2017

Description

80% loan available from local lender. 15 year am, 15 year term.

4 Double-Wide Mobile Homes on 4 Individually Deed Lots Homes are sold on Rent To Own Contracts—Minimal management responsibilities. Tenant/Buyers pay all maintenance, taxes & fire insurance.

13.38 Cap Rate, 22.18% Cash On Cash

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Park Information

Number of MH Lots: 4