Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 9.2%
- Listing ID: 1888423
- Posted On: Sep 17, 2022
- Updated On: Jun 8, 2023
Description
Golden opportunity to own turn key trailer park in maysville, Ky.
Only trailer park in city limits.
$11,000 Monthly
With $3,500/$5,000 potentially more income
Long time residents
Only Trailer park in city limits
Location
730 Lexington St.
Maysville, Ky. 41056
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $175 |
| Size: | 14 acre(s) |
Financial Information (Actual)
| Gross Income: | $11,225 |
| Operating Expense: | $2,000 |
| Net Operating Income: | $9,225 |
| Expense Ratio: | 17.8 % |
Lot Information
| Singlewide Lots: | 32 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 20 |
| Average Rent for Park-owned Homes: | $500 |
