Mobile Home Park Details

  • Cap Rate: 14.5%
  • Listing ID: 1647734
  • Posted On: Apr 15, 2022
  • Updated On: Jan 19, 2023

Description

* Cap Rate 14.45%
* 11 Lots
* Potential of 13 Units in Total
* 11 Current Units on the Property
* 9 Park-Owned Homes
* 2 Tenant-Owned Homes

Location

* Located in Western New York

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Park Information

Community Type: All Age
Number of MH Lots: 13
Total Occupancy: 93.4 %

Financial Information (Actual)

Gross Income: $91,920
Operating Expense: $28,856
Net Operating Income: $57,064
Expense Ratio: 31.4 %

Utility Information

Water: Well
Sewer: Septic

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