Mobile Home Park Details

  • Cap Rate: 11.1%
  • Listing ID: 1694707
  • Posted On: Jun 20, 2022
  • Updated On: Sep 12, 2022

Description

* Cap Rate 11.09%
* 5.9 Acres
* 16 Units
* 1 Single-Family Residence
* Manager in Place
* Well and Septic both have passed recent Inspection

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Park Information

Number of MH Lots: 16
Total Occupancy: 95.0 %
Year Built: 1970
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $91,332
Operating Expense: $20,200
Net Operating Income: $66,585
Expense Ratio: 22.1 %

Utility Information

Water: Well
Sewer: Septic

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