Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.0%
- Listing ID: 16174
- Posted On: Sep 9, 2010
- Updated On: Jan 10, 2011
Description
NEW PRICE! This a 49 space Mobile Home Park that sits on 5 acres just off of I-35 in North Norman/South Moore Oklahoma. We currently have 39 spaces occupied. There is an additional 13 Acres (mol) that also has a 6000 + square foot 5 Bedroom, 4 Living Areas, 6 Baths, 3 Car Garage, & Indoor Pool all included in the sale.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 49 |
| Total Occupancy: | 80.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $185 |
| Size: | 18 acre(s) |
Financial Information (Actual)
| Gross Income: | $88 |
| Operating Expense: | $26 |
| Net Operating Income: | $61 |
| Expense Ratio: | 29.5 % |
Lot Information
| Singlewide Lots: | 49 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |