Alder Creek Village - for Sale in Warrenton, Oregon
Warrenton, OR 97146
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Broker Information
Loren LandauReal Estate Broker
Mobile Home Park for Sale |
|
| Number of MH Lots: | 42 |
| Size: | 10.7 acre(s) |
| Cap Rate: | 6.9% |
| Purchase Method: | New Loan |
| Status: | Sold |
| Property ID: | 15465 |
| Posted on: | Aug 17, 2010 |
| Updated on: | Mar 03, 2012 |
Property Description
NEW PRICE!!!!
5-star community with water frontage on the northern Oregon
Coast. MHC has pit-set homes with attached garages. It
doesn't get any better in terms of quality.
Park Information
| Number of MH Lots: | 42 |
| Total Occupancy: | 100.0% |
| Year Built: | 1998 |
| Average MH Lot Rent: | $380 |
| Size: | 10.7 acre(s) |
Financial Information (Pro Forma)
| Gross Income | $332,138 |
| Operating Expense | $99,733 |
| Net Operating Income | $232,405 |
| Expense Ratio | 30.0% |
| Debt Info | 6% interest, 60% LTV |
Lot Information
| Doublewide Lots: | 38 |
| Triplewide Lots: | 4 |
RV Information
| Number of RV Lots: | 24 |
| Average RV Lot Rent: | $375 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $0 |
Amenities and Other
| Storage: | Yes |