Huntington Mobile Estates - for Sale in Huntington, Utah
225 W. 200 North
Huntington, UT 84528
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Broker Information
Cindy CrosmanCambridge Real Estate Group of St. George
Mobile Home Park for Sale |
|
| Number of MH Lots: | 37 |
| Size: | 5.1 acre(s) |
| Cap Rate: | 8.8% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 20060 |
| Posted on: | Mar 08, 2011 |
| Updated on: | Mar 08, 2011 |
| Price: | $795,000 |
Property Description
37 space mobile home park with 8 park owned units, 27 space rentals, 2 vacant spaces, one laundry building and storage area. Approximately 8.8% cap rate. Great cash flow property. Sales portfolio available for review. Information deemed reliable but not guaranteed. Square footage varies per unit.
Location Description
Directions - On Highway 10 in Huntington travel west on 200 North. Park is at the corner of 200 North and 200 West.
Park Information
| Number of MH Lots: | 37 |
| Total Occupancy: | 95.0% |
| Year Built: | 0 |
| Average MH Lot Rent: | $169 |
| Size: | 5.1 acre(s) |
Financial Information (Actual)
| Gross Income | $103,380 |
| Operating Expense | $33,244 |
| Net Operating Income | $70,136 |
| Expense Ratio | 32.2% |
| Debt Info | Not assumable |
Lot Information
| Singlewide Lots: | 37 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $507 |
Amenities and Other
| Laundromat: | Yes |
| Storage: | Yes |
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