Winfield Manor - for Sale in Winfield, Missouri
100 Winfield Manor Dr
Winfield, MO 63389
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Seller Information
Robert MochelGTM Investments
Mobile Home Park for Sale |
|
| Number of MH Lots: | 36 |
| Size: | 15 acre(s) |
| Cap Rate: | 11.0% |
| Purchase Method: | Seller Financing, New Loan |
| Status: | Active |
| Property ID: | 19643 |
| Posted on: | Feb 14, 2011 |
| Updated on: | Feb 14, 2011 |
| Price: | $1,250,000 |
Property Description
For Sale
Details:
* Excellent Income Opportunity
15.00 Acres
36 Mobile Homes Presently
7 Pads ready for Mobiles & Room to develop 30 more
Park Owns 22 of 36 Mobile Homes
Average yearly income: $186,040.00
Location Description
Driving Directions:
Hwy 70 to North on Hwy 79 to West (left) on Hwy 47 for approximately 3 miles to North (right) on Lindsey Lane. Take Lindsey Lane for approximately 1 mile and Park is located on left.
Park Information
| Number of MH Lots: | 36 |
| Total Occupancy: | 100.0% |
| Year Built: | 1968 |
| Average MH Lot Rent: | $210 |
| Size: | 15.0 acre(s) |
Financial Information (Actual)
| Gross Income | $186 |
| Operating Expense | $43 |
| Net Operating Income | $142 |
| Expense Ratio | 23.1% |
| Debt Info |
Lot Information
| Singlewide Lots: | 34 |
| Doublewide Lots: | 2 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 22 |
| Average Rent for Park-owned Homes: | $650 |