Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Assumable Loan
  • Cap Rate: 6.9%
  • Listing ID: 15396
  • Posted On: Aug 17, 2010
  • Updated On: May 14, 2013

Description

Tyrone Village is a senior community developed around 1974. Located on Tampa's north side the park offers easy access to Interstate 275 and downtown. The park has 106 homesites and 5 RV sites and is serviced by public utilities. Residents pay the site rent plus pass through charges. There are 3 park owned homes which are for sale not for lease.

Amenities

  • Pool
  • Club House
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Park Information

Community Type: 55 And Over
Number of MH Lots: 113
Total Occupancy: 96.0 %
Year Built: 1974
Average MH Lot Rent: $397
Size: 13 acre(s)

Financial Information (Actual)

Gross Income: $545,178
Operating Expense: $201,924
Net Operating Income: $343,254
Expense Ratio: 37.0 %
Debt Info: 1st mortgage $2,180,000

RV Information

Number of RV Lots: 5
Average RV Lot Rent: $400

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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