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
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: Cash
  • Cap Rate: 11.0%
  • Listing ID: 171201
  • Posted On: May 19, 2012
  • Updated On: Jan 11, 2018

Description

Country setting describes Round Stone Mobile Home Park! There are 25 existing pads and room for 3 more. There are 13 mobile homes included in the sale. Half of the park has new water lines. The present income for the park is $110,700.00, and the Expenses are $42,353.85. There are 8 vacant pads for potential income. The park has a 11% Cap Rate. Great Investment!

Location

A rural, country setting.

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Park Information

Community Type: All Age
Number of MH Lots: 25
Total Occupancy: 75.0 %
Size: 25 acre(s)

Financial Information (Actual)

Gross Income: $110,700
Operating Expense: $42,353
Net Operating Income: $68,346
Expense Ratio: 38.3 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 13
Average Rent for Park-owned Homes: $600

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