Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 1375430
- Posted On: Jan 6, 2021
- Updated On: Aug 11, 2021
Description
Great value add property less than 20 miles from the Ocean with over 100 lots!
Location
http://parkplacecommunities.com/collins-estates-mobile-home-park/
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 109 |
| Total Occupancy: | 34.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $260 |
Financial Information (Actual)
| Gross Income: | $141,514 |
| Operating Expense: | $137,065 |
| Net Operating Income: | $4,448 |
| Expense Ratio: | 96.9 % |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 41 |
| Average Rent for Park-owned Homes: | $329 |